medium of exchange

• Экономический термин, обозначающий промежуточный инструмент или систему, используемые для облегчения продажи, покупки или обмена товаров и услуг, например, валюта или деньги.

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.

   Средство обмена

   • 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.