Medium of exchange and Payment

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.

Payment and medium of exchange are semantically related. In some cases you can use "Payment" instead a noun phrase "Medium of exchange".

Payment noun - The act of offering money in exchange for goods or services.

Medium of exchange and payment are semantically related. Sometimes you can use "Medium of exchange" instead a noun "Payment".

Nearby Words: pay, paying, payable, payer, payed