M0

M0
The narrow measure of money supply in the United Kingdom, also known as high powered money. Defined as notes and coins in circulation plus banks' operational deposits with the Bank of England. Dresdner Kleinwort Wasserstein financial glossary

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M0 UK US noun [U] (also M1)
ECONOMICS, FINANCE NARROW MONEY(Cf. ↑narrow money)

Financial and business terms. 2012.

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