Third-person singular simple present indicative form of circulate.(verb)
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Use "circulates" in a sentence
"My guess is Palin circulates this hatchet job and raises a fortune."
"But it never ceases to amaze me (call me naïve) how this flattering label circulates uncorrected."
"Around the studio, word circulates that directors Ron Clements and John Musker again residing on the third floor will be directing a hand-drawn short on the way up the ramp to a new, hand-drawn feature."