How to Use medium of exchange in a Sentence

medium of exchange

noun phrase
  • In early societies, commodities like salt were used as mediums of exchange.
    Hammed Afenifere, Forbes.com, 5 Feb. 2026
  • Now, however, two forces are helping push Bitcoin adoption as a medium of exchange.
    Roger Huang, Forbes.com, 16 Sep. 2025
  • Unlike other precious metals, gold is rare enough to be precious but abundant enough to serve as a practical medium of exchange.
    Marley Malenfant, Austin American Statesman, 28 Oct. 2025
  • Crypto, by contrast, is merely a medium of exchange whose price reflects only the balance of supply and demand.
    Eleanor Pringle, Fortune, 10 Oct. 2025
  • Yet another critical aspect of money is its use as a medium of exchange — the day-to-day use of money to exchange goods and services.
    Roger Huang, Forbes.com, 16 Sep. 2025
  • Iranian currency has become less a medium of exchange than a daily index of national despair.
    Karim Sadjadpour, The Atlantic, 10 Jan. 2026
  • Many cryptocurrencies and cryptoassets – including bitcoin – remain too volatile or (in the case of many NFTs) too illiquid to be used as a medium of exchange.
    Sean Stein Smith, Forbes.com, 7 Sep. 2025

Some of these examples are programmatically compiled from various online sources to illustrate current usage of the word 'medium of exchange.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Last Updated: