What is the meaning of the word "m2"?
Definitions:
-
A broader classification of the money supply than M1 within the field of economics, which includes all elements of M1 (cash and other liquid monies) as well as "near money' or quasi-money, which are less liquid types of financial assets.
NOUN
- An increase in M2 could signal that households are saving more, potentially leading to lower spending in the short term but more investment capital available for the economy.
- An increase in M2 could signal that households are saving more, potentially leading to lower spending in the short term but more investment capital available for the economy.