Definition of Money in circulation

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TeachMeFinance.com - explain Money in circulation




historic definition...

Money in circulation -- This term includes not only the money actually in circulation or in the possession of individuals, but also the money held in banks as reserve against deposits.



About the author

Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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