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narrow money

Syllabification: nar·row mon·ey

Definition of narrow money in English:

noun

Economics
Money in forms that can be used as a medium of exchange, generally banknotes, coins, and certain balances held by banks.
Example sentences
  • The monetarists are hopelessly hamstrung by their fixation on narrow money.
  • Demand and other checkable deposits have actually declined about $20 billion, as narrow money / M1 has suffered a minor contraction over the past twelve months.
  • Importantly, there are critical structural developments that go unrecognized by traditional analysts that focus only on narrow money - M1 and M2.

Definition of narrow money in:

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