medium of exchange

noun

An intermediary used in trade to avoid the inconveniences of a pure barter system, such as money.

Similar
means of exchangemonetary system
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Meanings

nounmedium of exchange (plural media of exchange or mediums of exchange)

plural media of exchange · plural mediums of exchange

  1. An intermediary used in trade to avoid the inconveniences of a pure barter system, such as money.

    Synonyms: means of exchange

Synonyms & antonyms

nounAn intermediary used in trade to avoid the inconveniences of a pure barter system, such as money.

Similar
means of exchange

More synonyms by meaning

nounanything that is generally accepted as a standard of value and a measure of wealth in a particular country or region

Similar
monetary system
Broader
standardcriterionmeasure

Synonym sets from Open English WordNet, CC BY 4.0.

Cite this entry
APA

medium of exchange. (n.d.). In WatkinsX Dictionary. Retrieved November 4, 2026, from https://dictionary.watkinsx.com/word/medium%20of%20exchange

MLA

“medium of exchange.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/medium%20of%20exchange. Accessed November 4, 2026.

Chicago

WatkinsX Dictionary, s.v. “medium of exchange,” accessed November 4, 2026, https://dictionary.watkinsx.com/word/medium%20of%20exchange.

Source: medium of exchange on Wiktionary, CC BY-SA 4.0.