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CIRCULATING MEDIU
(bouvier) | CIRCULATING MEDIUM. By this term is understood whatever is used in making
payments, as money, bank notes, or paper which passes from hand to hand in
payment of goods, or debts.
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| | podobné slovo | definícia |
Circulating medium
(gcide) | Medium \Me"di*um\, n.; pl. L. Media, E. Mediums. [L.
medium the middle, fr. medius middle. See Mid, and cf.
Medius.]
1. That which lies in the middle, or between other things;
intervening body or quantity. Hence, specifically:
(a) Middle place or degree; mean.
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The just medium . . . lies between pride and
abjection. --L'Estrange.
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(b) (Math.) See Mean.
(c) (Logic) The mean or middle term of a syllogism; that
by which the extremes are brought into connection.
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2. A substance through which an effect is transmitted from
one thing to another; as, air is the common medium of
sound. Hence: The condition upon which any event or action
occurs; necessary means of motion or action; that through
or by which anything is accomplished, conveyed, or carried
on; specifically, in animal magnetism, spiritualism, etc.,
a person through whom the action of another being is said
to be manifested and transmitted.
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Whether any other liquors, being made mediums, cause
a diversity of sound from water, it may be tried.
--Bacon.
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I must bring together
All these extremes; and must remove all mediums.
--Denham.
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3. An average. [R.]
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A medium of six years of war, and six years of
peace. --Burke.
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4. A trade name for printing and writing paper of certain
sizes. See Paper.
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5. (Paint.) The liquid vehicle with which dry colors are
ground and prepared for application.
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6. (Microbiology) A source of nutrients in which a
microorganism is placed to permit its growth, cause it to
produce substances, or observe its activity under defined
conditions; also called culture medium or {growth
medium}. The medium is usually a solution of nutrients in
water, or a similar solution solidified with gelatin or
agar.
[PJC]
7. A means of transmission of news, advertising, or other
messages from an information source to the public, also
called a news medium, such as a newspaper or radio; used
mostly in the plural form, i. e. news media or media.
See 1st media[2].
[PJC]
Circulating medium, a current medium of exchange, whether
coin, bank notes, or government notes.
Ethereal medium (Physics), the ether.
Medium of exchange, that which is used for effecting an
exchange of commodities -- money or current
representatives of money.
[1913 Webster]Circulate \Cir"cu*late\, v. i. [imp. & p. p. Circulated; p.
pr. & vb. n. Circulating.] [L. circulatus, p. p. of
circulare, v. t., to surround, make round, circulari, v. i.,
to gather into a circle. See Circle.]
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1. To move in a circle or circuitously; to move round and
return to the same point; as, the blood circulates in the
body. --Boyle.
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2. To pass from place to place, from person to person, or
from hand to hand; to be diffused; as, money circulates; a
story circulates.
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Circulating decimal. See Decimal.
Circulating library, a library whose books are loaned to
the public, usually at certain fixed rates.
Circulating medium. See Medium.
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