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InvestHub.com's
Finance Dictionary and Glossary of Investment Terms
M1
Definition 1.
The category of the money supply that includes all physical money like coins and currency. It also includes demand deposits, which are checking accounts and NOW accounts.
Definition 2.
One measure of the money supply that includes all coins, currency held by the public, traveler's checks, checking account balances, NOW accounts, automatic transfer service accounts, and balances in credit unions.
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