- M0 + demand accounts), while in the U.K. M0 is referenced as narrow money.
The name comes from the fact that M1/M0 are the narrowest or most restrictive ideas of money that are the basis for the medium of exchange within the economy. This category of money is considered to be the most readily available for transactions and commerce.
Investment dictionary. Academic. 2012.
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narrow money — ➔ money * * * narrow money UK US noun [U] (ABBREVIATION M0, or M1) ► ECONOMICS, FINANCE a measure of the amount of money available for use in a country s economy that includes cash held by the public and money in current accounts … Financial and business terms
narrow money — An informal name for M0, or sometimes M1: the part of the money supply that can directly perform the function of a medium of exchange Compare broad money … Big dictionary of business and management
narrow money — noun Economics money in forms that can be used as a medium of exchange, generally notes and coins … English new terms dictionary
narrow money — … Useful english dictionary
Narrow money supply — The narrow money supply or the monetary base (MO) is the term used to describe notes and coins held by the public and notes and coins held by the banking system as reserves against withdrawals … Wikipedia
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money — currency and coin that are guaranteed as legal tender by the government, a regulatory agency or bank. Bloomberg Financial Dictionary at the money out of the money in the money NYSE Euronext Glossary * * * money mon‧ey [ˈmʌni] noun … Financial and business terms
money supply — / mʌni səˌplaɪ/ noun the amount of money which exists in a country COMMENT: Money supply is believed by some to be at the centre of control of a country’s economy. If money supply is tight (i.e. the government restricts the issue of new notes and … Dictionary of banking and finance
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money market — the short term trade in money, as in the sale and purchase of bonds and certificates. [1925 30] * * * Set of institutions, conventions, and practices whose aim is to facilitate the lending and borrowing of money on a short term basis. The money… … Universalium