Definition, Meaning & Synonyms
m1
Noun
ˈɛm wʌn
Definition
The term ‘m1’ often refers to the first stage of the money supply, which includes all physical currency and coins in circulation, as well as demand deposits at banks.
Examples
- The central bank monitors the levels of m1 to gauge the economic activity.
- An increase in m1 may suggest that consumers are ready to spend money.
- Understanding m1 can help investors make informed decisions about the economy.
Meaning
In financial terms, ‘m1’ indicates the most liquid forms of money available in an economy, which can quickly be converted into cash for transactions.
Synonyms
- Liquid money
- Currency supply
- Cash equivalents
