Circulate, v. t.
To cause to pass from place to place, or from person to person; to spread; as, to circulate a report; to circulate bills of credit. Circulating pump. See under Pump.
Syn. -- To spread; diffuse; propagate; disseminate.
1 other Webster entry under this spelling
Circulate, v. i. [imp. & p. p. Ciorculated; P. pr. & vb. n. Circulating.]
1. To move in a circle or circuitously; to move round and return to the same point; as, the blood circulates in the body. Boyle.
2. To pass from place to place, from person to person, or from hand to hand; to be diffused; as, money circulates; a story circulates.
Circulating decimal. See Decimal. -- Circulating library, a library whose books are loaned to the public, usually at certain fixed rates. -- Circulating medium. See Medium.
Shades of meaning
Fernald has no entry of its own for circulate; he lists it under announce.
He lists it without comment; the entries above explain its neighbors.