the sum of demand or checking-account deposits and currency in circulation.
Origin of money supply
First recorded in 1875–80
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The amount of money in circulation at a given time, usually controlled by some central banking authority.
The New Dictionary of Cultural Literacy, Third Edition Copyright © 2005 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.