medium of exchange

• Terme économique désignant un outil ou un système intermédiaire utilisé pour faciliter la vente, l'achat ou l'échange de biens et de services, par exemple la monnaie ou les devises.

An economic term referring to an intermediary instrument or system used to facilitate the sale, purchase, or trade of goods and services, such as currency or money.

1. Economic function of moneyB2formal

   An intermediary instrument used to facilitate the sale, purchase, or trade of goods and services between parties.

   Moyen d'échange

   • Currency serves as the primary medium of exchange in modern economies.
   • Gold has historically been used as a medium of exchange.
   • Without a medium of exchange, barter systems become inefficient.