It stands for central bank money; the liabilities of a central bank that constitute banknotes (and other forms of money-...

It stands for central bank money; the liabilities of a central bank that constitute banknotes (and other forms of money-...

It stands for commercial bank money; it describes the portion of a currency (money supply) that is created out of...

The liabilities of a central bank that constitute banknotes (and other forms of money- overall, cash) and bank deposits (reserves)...

It describes the portion of a currency (money supply) that is created out of book money – i.e., debt generated...

An idiom for value in return for money spent, invested or used. In other words, it the worth of one's...

An idiom for value in return for money spent, invested or used. In other words, it the worth of one's...

One of the functions of money. A unit of account represents a standard numerical "nominal" monetary unit (a currency as...

A description of an asset implying it can be converted immediately to cash or cash equivalent money, although it is...

The component of the money supply in an economy which consists of bank deposits.  In other words, it is the...