broad money Definition in the Cambridge English Dictionary Cambridge dictionaries logo

Definition of “broad money” - English Dictionary

"broad money" in British English

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broad moneynoun [U]

uk   us   UK specialized
the ​amount of ​money in a country's ​economy, ​measured by ​countingmoneykept by ​banks and ​people
(Definition of broad money from the Cambridge Advanced Learners Dictionary & Thesaurus © Cambridge University Press)

"broad money" in Business English

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broad moneynoun [U]

uk   us  
ECONOMICS a ​measure of the ​amount of ​money that is ​available for use in an ​economicsystem and that ​includescash, ​money in ​bankaccounts, and also other ​moneyavailable for ​banks to use: The 12-month ​rate of ​growth in broad ​money in the United ​Statesrose to 9.0% in July, but ​slowed to 5.9% in Sweden.
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(Definition of broad money from the Cambridge Business English Dictionary © Cambridge University Press)
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