M2
M2
Noun
1. a measure of the money supply; M1 plus net time deposits (other than large certificates of deposit)
(hypernym) money supply
m2
(c) Copyright 1993 by Denis Howe
M2
An "intermediate" monetary aggregate that comprises M1 plus deposits with an agreed maturity of up to two years and deposits redeemable at notice of up to three months.
Copyright © 2006,
European Central Bank, Frankfurt am Main, Germany. This information may be obtained free of charge through the
ECB's website.
M2
one measure of the money supply that includes M1, plus savings and small time deposits, overnight repos at commercial banks, and non-institutional money market accounts. A key economic indicator used to forecast inflation. see also M3.