Associations to the word «M1»

Wiktionary

M1, abbreviation. (US) (money supply) the amount of cash in circulation plus the amount in bank accounts

Dictionary definition

M1, noun. A measure of the money supply; includes currency in circulation plus demand deposits or checking account balances.

Wise words

Language is a process of free creation; its laws and principles are fixed, but the manner in which the principles of generation are used is free and infinitely varied. Even the interpretation and use of words involves a process of free creation.
Noam Chomsky