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Glossary
>
Economy
> medium of exchange
medium of exchange
Anything that is used, like
money
, to
make
payments for
goods
,
services
, and
assets
. For payments between countries with different currencies, if the national currencies are not trusted, another country's
currency
or
gold
may be used.
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medium of exchange. InvestorGuide.com. Retrieved May 21, 2019, from InvestorGuide.com website: http://www.investorguide.com/definition/medium-of-exchange.html
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medium of exchange. InvestorGuide.com. WebFinance, Inc. http://www.investorguide.com/definition/medium-of-exchange.html (access:May 21, 2019).
Modern Language Association (MLA):
medium of exchange. InvestorGuide.com. WebFinance, Inc. May 21, 2019 <http://www.investorguide.com/definition/medium-of-exchange.html>
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