M3

Definition

One measure of the money supply that includes M2, plus large time deposits, repos of maturity greater than one day at commercial banks, and institutional money market accounts.

Use M3 in a sentence

You should try and figure out the difference between an M3 supply so that you are prepared for how to use it.

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The M3 was a useful measure or metric to analyze in attempting to understand the governments role in the financial markets.

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The administrative assistant decided to take a detour during her routine deposit of her company's M3 for the week since it was such a lovely spring day.

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M1 broad liquidity