medium of exchange

• Termo econômico que designa um instrumento ou sistema intermediário usado para facilitar a compra, a venda ou a troca de bens e serviços, como a moeda ou o dinheiro.

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.

   Meio de troca

   • 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.