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Circulating medium
CIRCULATING MEDIUM

Definition: Money passing from hand to hand, as coin, banknotes, etc.
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* All eight elements should be in.


1. Purposeful and necessary - trade/economy.

2. Definitely all still legal tender in jurisdictions.

3. Currencies easily specified and identified.

4. Value or worth measurable and assessable by Central Bank.*

5. Never that deposited in the banks vaults.

6. Being in the possession of right persons; spending on purchases.**

7. Serving purpose(s), achieves objective(s).

8. Quality of coins and notes not a risk to health of the 'poor' handlers.
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* Amount in circulation known by regulator(s).

** Being actually exchanged amongst the traders.
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See perfect ALMAJIRI.

See perfect PENNYWISE.

See perfect CALL MONEY.

See perfect FRONT MONEY.

See perfect CENTRAL BANK.

See perfect MONEY TO BURN.

See perfect FARTHINGSWORTH.

See perfect SENSE OF BUSINESS.

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