monetary aggregate

noun

: one of the formal categories of money (such as cash and demand deposits or bank credits) in a national economy that is used as a measure in predictions of economic growth

Examples of monetary aggregate in a Sentence

Recent Examples on the Web
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In addition, the money multipliers (monetary aggregates divided by the monetary base) also fluctuated due to financial market liberalization and a proliferation of financial innovations. Nick Sargen, Forbes, 15 Oct. 2024 The total amount of money in circulation is assessed by the monetary aggregate M2 and currently stands at about $20.4 trillion in the US, a 33.3% increase since January 2020. Frank Van Gansbeke, Forbes, 28 June 2021

Word History

First Known Use

1946, in the meaning defined above

Time Traveler
The first known use of monetary aggregate was in 1946

Dictionary Entries Near monetary aggregate

Cite this Entry

“Monetary aggregate.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/monetary%20aggregate. Accessed 21 Nov. 2024.

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