M2

M2
Measure of the U.S. money stock that consists of M1, certain overnight repurchase agreements and certain overnight Eurodollars, savings deposits (including money market deposit accounts), time deposits in amounts of less that $100,000 and balances in money market mutual funds (other than those restricted to institutional investors). Bloomberg Financial Dictionary
————
The measure of money supply which takes into account all money which can be used to settle transactions. It is defined as notes and coins in circulation plus non-interest bearing bank deposits plus other retail deposits with banks and building societies ( building society). Dresdner Kleinwort Wasserstein financial glossary

Financial and business terms. 2012.

Игры ⚽ Поможем написать курсовую

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”