TERMIUM Plus®

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M-3 [2 records]

Record 1 2014-10-30

English

Subject field(s)
  • Currency and Foreign Exchange
DEF

[One of three monetary aggregates of the Canadian money supply which] consists of M-2 plus all non-personal term deposits in financial institutions, plus foreign-currency deposits of Canadian residents booked in Canada. It does not include fixed-term interbank deposits or an exchange-rate adjustment.

OBS

The other two monetary aggregates are M1 and M2.

French

Domaine(s)
  • Politique monétaire et marché des changes
DEF

Agrégat monétaire qui englobe M2 plus les dépôts non personnels à termes dans les institutions financières et les dépôts en devises de résidants Canadiens. M3 n'inclut pas les dépôts à terme fixe interbancaires ou un ajustement du taux de change.

OBS

Autres agrégats monétaires : M1, M2.

Spanish

Save record 1

Record 2 1986-05-28

English

Subject field(s)
  • Currency and Foreign Exchange
DEF

In the U.S., M2 plus large-denomination time deposits at all depository institutions; term repurchase agreements at commercial banks and savings and loan associations; and balances of institution-only money market mutual funds. It is the broad money supply.

OBS

Definitions will differ from country to country.

French

Domaine(s)
  • Politique monétaire et marché des changes

Spanish

Save record 2

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