Money with Zero Maturity

A Money with Zero Maturity is a money supply with zero maturity (that is liquid).

• AKA: MZM.
• Context:
  • It can be based on all M2 Money less the time deposits, plus all money market funds.
  • …
• Counter-Example(s):
  • ...
• See: M1 Money, Inflation Rate.

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References

2015

• http://en.wikipedia.org/wiki/Money_supply#Empirical_measures_in_the_United_States_Federal_Reserve_System
  • QUOTE: MZM: Money with zero maturity. It measures the supply of financial assets redeemable at par on demand. Velocity of MZM is historically a relatively accurate predictor of inflation.

• http://www.investopedia.com/terms/m/moneyzeromaturity.asp
  • QUOTE: A measure of the liquid money supply within an economy. MZM represents all money in M2 less the time deposits, plus all money market funds.

    MZM has become one of the preferred measures of money supply because it better represents money readily available within the economy for spending and consumption. This measurement derives its name from its mixture of all the liquid and zero maturity money found within the three "M's."

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