M3

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M3

Measure of the U.S. money stock that consists of M2, time deposits of $100,000 or more at all depository institutions, term repurchase agreements in amounts of $100,000 or more, certain term Eurodollars and balances in money market mutual funds restricted to institutional investor.

M3

A measure of money supply used by the various central banks. In the Federal Reserve System, M3 includes all physical currency and deposits in checking accounts, deposits in savings accounts, certificates of deposit, institutional money market accounts, repurchase agreements, and other large liquid assets that do not circulate very often. The European Central Bank defines M3 as the aggregation of currency in circulation, overnight deposits, all money market accounts, debt securities with maturities of up to two years, and repurchase agreements. M3 includes money that circulates very little or not at all and, therefore, the Federal Reserve no longer calculates M3 when determining the money supply. However, it is useful to some economists seeking to determine the entire amount of money in a given economy. See also: M0, M1, M2, M4

M3

A very broad measure of the domestic money supply that includes M2 items plus any large time deposits and money market fund balances held by institutions.
References in periodicals archive ?
In the United States, the velocity of M2 has deviated further from trend than M3C velocity in the Euro area.
Table 4 shows the fit statistics of M3c for Finland, Sweden and The Netherlands.
The size of the contract are and / timber harvesting - 73,415.00 m3b / hauling wood - 73,415.00 m3c / drainage agro - 151.33 hectares,d / soil preparation - 74.79 hectares,E / renewal - 60.02 hectares,f / nurture the soil - 411.81 hag / cleaning early - 120.49 hectares,h / cleaning late - 95.49 hectares,and / crop protection salaries for the construction of 5.21 km,j / p protection.
Don Muir, 50 Wynford Dr., Toronto, ON M3C 1J7; 416-441-1111 ext.223 or 1 -800-619-7301; dmuir@presbyterian.ca; www.standrewspresbyterian.com.
The size of the contract includes: and / timber harvesting - 58 972 m3b / hauling wood - 58 972 m3c / renewal - 97.63 had / care of the soil - 390.45 haE / cleaning early and late - 192.52 haf / drainage agro - 102.12 hag / Mechanical soil preparation - 733.36 kmtrh / protect crops by erecting fences - 4.16 hectares.
Hamilton, ON Canada L9H 4G2 (905) 526-7190 (905) 526-0767 * hamiltonfamilynetwork@ hwcn.org ISAAC-International Society for Augmentative and Alternative Communication 49 The Donway W, #308 Toronto, ON Canada M3C 3M9 (416) 385-0351 (416) 385-0352 (fax) * secretariat@isaac-online.org National Clearinghouse on Family Violence JeanneMBce Bldg.
The basic size of the contract are: and / timber harvesting - 159 152 m3b / hauling wood - 159 152 m3c / organize stromal surface - 160.40 had / renewal - 198.02 hae / nurture crops - 905.66 haf / cleaning early - 229.64 hag / cleaning late - 209.10 hah / renewal of soil - 26 haand / loosening soil - 1023.58 arj / nurture sowing and wielolatek - 868.78 ark / undercutting the roots - 120 arL / seedlings - 40 000.
Don Muir, 50Wynford Dr., Toronto, ON M3C 1J7; 416-441-1111 ext.223 or 1-800-619-7301; dmuir@presbyterian.ca; www.standrewspresbyterian.com.
49 The Donway West, Suite 308 Toronto, Ontario M3C 3M9 CANADA Tel: (416) 385-0351 Fax: (416) 385-0352 E-mail: isaac_mail@mail.cepp.org Web site: http://www.isaac-online.org
The size of the contract are: and / timber harvesting - 72 738 m3b / hauling wood - 72 738 m3c / restoration and reforestation of the forest - 82.56 hectares,d / drainage agro - 136.93 hae / cleaning late - 146.92 hectares,f / cleaning early - 91.53 hectares,g / nurture the soil - 413.09 hectares,h / crop protection repellent - 86.07 hectares,and / displaying nesting boxes - 170 pcs, j / collecting garbage - 392 m3k / single snow removal lesnych- 383.8 km of roads,L / cleaning and maintenance of drainage ditches - 6.50 km.
Don Muir, 50 Wynford Dr.,Toronto, ON M3C 1J7; 416-441-1111 or 1-800-619-7301 ext.223; dmuir@ presbyterian.ca; www.standrews-markham.
200 Don Mills, ON CAN M3C 3P2 (416) 421-8377 (416) 696-1035 (fax) www.easterseals.org ??info@easterseals.org MUMS Mothers United for Moral Support c/o Julie Gordon 150 Cousta Ct.