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<p>A "medium of exchange" is considered one of the <a href="page.php?w=Money">functions of money</a>. The exchange acts as an intermediary instrument as the use can be to acquire any good or service and avoids the <a href="page.php?w=barter">limitations of barter</a>; where what one wants has to be matched with what the other has to offer. However, there is little evidence of a pre-monetary society in which <a href="page.php?w=barter">barter</a> is the primary mode of exchange;instead, such societies operated largely along the principles of <a href="page.php?w=gift_economy">gift economy</a></p><p>
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