Sum of the currency held by the public and reserves held by financial institutions with the Federal Reserve Banks. This is the monetary aggregate that the Federal Reserve has control over through its [..]

1. The currency and central bank deposits that together provide the base for the money supply under fractional reserve banking. 2. The central bank assets acquisition of which creates this base by inj [..]

Sum of the currency held by the public and reserves held by financial institutions with the Federal Reserve Banks. This is the monetary aggregate that the Federal Reserve has control over through its [..]

Also known as Narrow Money in the UK. The total amount of a country's currency which is in circulation, for example, coins, notes, etc. - held by individuals and in bank deposits.

See base money (monetary base)

Also termed the high-powered money, the total of currency held by the nonbank public, vault cash held by banks, and Federal Reserve deposits of the banks. This contains the monetary components over wh [..]

Definition Usually, the currency and central bank deposits that together provide the base for the money supply under fractional reserve banking. Also defined as the central bank assets the acquisition [..]

For a particular economy, the sum total of all cash and bank deposits in circulation. Increasing this number is one way to stimulate economic growth.

The sum of notes and coins in circulation and banks’ deposits with the central bank. The monetary base therefore reflects the amount of immediately available funds.

The same as "high-powered money": cash in commercial banks, plus cash in circulation and deposits of the commercial bank at the central bank.

The amount of central bank liabilities that will potentially serve to satisfy the required reserves of the commercial banking system. In the United States, the monetary base consists of deposits at th [..]

Those assets that depository institutions can use to meet their legal reserve requirements. The monetary base consists of deposits (reserves) held by depository institutions at Federal Reserve Banks p [..]

A key characteristic of bank deposits is that they carry a guarantee of convertibility at sight, or after due notice, into cash. In order to maintain ...

Claims against Central Bank that serve as money (currency) an d the reserves held by the depository institutions with themselves or with the Central Bank.

Monetary base or high-powered money or reserve money or primary money derives the name from its quality or capacity to serve as a reserve base for [..]

On the use side, it is the sum of banknotes and coins outstanding plus the net credit balance of banks' current accounts with Banco de México. On the source side, it is the sum of net internation [..]

In a modern industrialized monetary economy, the monetary base is made up of (1) the currency held by individuals and firms and (2) bank reserves kept within a bank or on deposit at the central bank.