M0

Economics.

A measure of money supply which includes only liquid or cash assets held in the central bank and the physical money circulating in the economy.

In the UK it is also referred to as narrow money or the monetary base, as it is the smallest established measure of the money supply.

It is also known as 'central bank money', the monetary base, or 'narrow money'.

See also

• Central bank digital currency
• Commercial bank money
• M1
• Money supply
• Narrow money
• Reserves