Gold and Medium of exchange

Gold

Gold noun - Something (as pieces of stamped metal or printed paper) customarily and legally used as a medium of exchange, a measure of value, or a means of payment.

Medium of exchange and gold are semantically related. In some cases you can use "Medium of exchange" instead a noun "Gold".

Nearby Words: golden, goldish, Goldie

Medium of exchange

Medium of exchange noun - Anything that is generally accepted as a standard of value and a measure of wealth in a particular country or region.

Gold and medium of exchange are semantically related. You can use "Gold" instead a noun phrase "Medium of exchange".

Both terms in one sentence

  • The idea that steel should be more valuable than gold because it is more useful than gold is ridiculous, since money should, ideally, have no intrinsic value or use other than as a medium of exchange, but there's nothing particularly problematic about using steel coins as money.
  • But then, there have been several references to gold being a valuable commodity and presumably a medium of exchange.
  • Practical Currency Much discussion of this in Making Money, including pointing out that gold is worthless on a desert island, that it's also worthless in a gold mine (where the medium of exchange is the pickaxe), and the contrast between what happens when you bury gold vs.
Cite this Source
Medium of exchange and Gold. (2016). Retrieved 2026, July 27, from https://thesaurus.plus/related/gold/medium_of_exchange
Gold & Medium of exchange. N.p., 2016. Web. 27 Jul. 2026. <https://thesaurus.plus/related/gold/medium_of_exchange>.
Medium of exchange or Gold. 2016. Accessed July 27, 2026. https://thesaurus.plus/related/gold/medium_of_exchange.