Medium of exchange

Any item that is widely accepted in Exchange for the goods and services offered to consumers in a given Market. One example of a medium of Exchange is Currency.

Related Terms: 7 Accept, Currency, Consumer, Exchange, Medium of exchange, Market, Offer

Other Related Pages: Category: Economy Starting With: M

Additional Related Terms: 10-K, 1035 exchange, Allowance for depreciation, Accrual of discount, Accrued market discount, American Stock Exchange, Amortization of premium, At par, All or any part, At best