Meaning of “narrow money” in the English Dictionary


"narrow money" in Business English

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narrow moneynoun [ U ]

uk us abbreviation M0, or M1

ECONOMICS, FINANCE a measure of the amount of money available for use in a country's economy that includes cash held by the public and money in current accounts, but not money in savings accounts


(Definition of “narrow money” from the Cambridge Business English Dictionary © Cambridge University Press)