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单词 narrow money
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narrow money
narrow money n. Economics a measure of the amount of money available in an economic system, according to a narrow or restrictive definition of money (e.g. M0 or M1: see M n. 12): cf. broad adj. and n.1.
ΘΚΠ
society > trade and finance > management of money > management of national resources > [noun] > political economy > types of economic system > amount available in economic system
narrow money1966
1966 Jrnl. Polit. Econ. 74 63 A simple preliminary check for such errors..is to add the coefficients for narrow money to those for time deposits. They should sum to those obtained for the broad definition of money.
1981 Banker July 48/2 In this case it is the velocity of broad money eg M3, that is relevant, not narrow money.
1991 Financial Times 20 Mar. 24/3 Narrow money (M0) has been a reliable indicator of monetary conditions.
extracted from narrowadj.n.
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