M1
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M1
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(Economics) the amount of money in circulation in notes, coin, current accounts, and deposit accounts transferable by cheque
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014
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Noun | 1. | ![]() money supply - the total stock of money in the economy; currency held by the public plus money in accounts in banks |
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