Monetary Base
/ˈmɒnɪtɛri beɪs/
Definitions
- (n.) The total amount of a country’s currency in circulation plus reserves held by the central bank, serving as the foundation for the money supply.
The central bank increased the monetary base to stimulate economic growth.
Forms
- monetary base
Related terms
See also
Commentary
In legal and regulatory contexts, the monetary base is crucial for understanding central bank authority and monetary policy implementation.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.