Share this entry

Share this page

broad money

Line breaks: broad money

Definition of broad money in English:

noun

[mass noun] Economics
Money in any form including bank or other deposits as well as notes and coins.
Example sentences
  • This is clear by looking at the ratio (in percent) of broad money, which includes currency in circulation and bank deposits, to GDP.
  • Indeed, broad money grew by more than $600 billion in 1998, fully 35% greater than in 1997.
  • Year-to-date, broad money is up $462 billion, or 6.5% annualized.

Share this entry

Share this page

 

What do you find interesting about this word or phrase?

Comments that don't adhere to our Community Guidelines may be moderated or removed.

Get more from Oxford Dictionaries

Subscribe to remove ads and access premium resources

Word of the day emulous
Pronunciation: ˈemyələs
adjective
seeking to emulate or imitate someone or something