£M3

Definitions

Banking

  • symbol
    (written as M3)
    a broad measure of money supply, including M2 and personal money in government deposits and deposits in currencies other than sterling (in the US, it includes time deposits of more than $100,000 and money market funds and Eurodollars held by US residents)
  • symbol a British measure of sterling money supply, including coins and notes, personal money in current and deposit accounts and government deposits

Economics

  • symbol
    (written as M3)
    a British measure of sterling money supply which includes coins and notes, personal money in current and deposit accounts and government deposits and certificates of deposit
  • symbol a UK measure of sterling money supply, including coins and notes, personal money in current and deposit accounts and government deposits
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