The total stock of monetary assets, currency and other liquid instruments, in an economy (country) or economic area (e.g. the euro area, known as the euro zone) at a point in time. Each country decides what assets are included. Typically, these assets are classified as follow: M0 and M1 include coins and notes in circulation and other money equivalents that are easily convertible into cash. M2 includes M1 plus short-term time deposits in banks and 24-hour money market funds. M3 includes M2 plus longer-term time deposits and money market funds with more than 24-hour maturity. M4 includes M3 plus other deposits.
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A cadre of associates that deliver short consultations and project-based business services to both SMBs and larger businesses. Their expertise includes business change, business development, business planning, digitisation, ESG integration, financial markets, green finance, leadership development, marketing, regionalisation, risk management, valuation and more.