broad moneyn.

Brit.

/ˈbrɔːd ˌmʌni/, U.S.

/ˈbrɔd ˌməni/,

/ˈbrɑd ˌməni/

Origin: Formed within English, by compounding. Etymons: broad adj.¹, money n.

Etymology: < broad adj.¹ + money n.

Economics.

A measure of the amount of money available in an economic system, according to a broad definition of money (cf. M n. 12). Contrasted with narrow money n.

ΘΠ

society > trade and finance > management of money > management of national resources > [noun] > political economy > types of economic system > amount available in economic system

narrow money1966

1970 Jrnl. Polit. Econ. 78 1347 This coefficient represents an estimate of the short-run wealth effect; it is .142 for broad money and .143 for narrow money in this experiment.

1981 Banker July 48/2 In this case it is the velocity of broad money eg M3, that is relevant, not narrow money.

2005 Daily Tel. 4 July 16/3 The evidence is that broad money grows about two per cent faster than nominal gross domestic product.

This entry has been updated (OED Third Edition, December 2022).

单词	broad money
释义	broad moneyn. Brit. /ˈbrɔːd ˌmʌni/, U.S. /ˈbrɔd ˌməni/, /ˈbrɑd ˌməni/ Origin: Formed within English, by compounding. Etymons: broad adj.¹, money n. Etymology: < broad adj.¹ + money n. Economics. A measure of the amount of money available in an economic system, according to a broad definition of money (cf. M n. 12). Contrasted with narrow money n. ΘΠ society > trade and finance > management of money > management of national resources > [noun] > political economy > types of economic system > amount available in economic system narrow money1966 1970 Jrnl. Polit. Econ. 78 1347 This coefficient represents an estimate of the short-run wealth effect; it is .142 for broad money and .143 for narrow money in this experiment. 1981 Banker July 48/2 In this case it is the velocity of broad money eg M3, that is relevant, not narrow money. 2005 Daily Tel. 4 July 16/3 The evidence is that broad money grows about two per cent faster than nominal gross domestic product. This entry has been updated (OED Third Edition, December 2022). < n.1970
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