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The AMA Dictionary of Business and Management by George Thomas Kurian

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M

Ms The different types of money in the FEDERAL RESERVE SYSTEM, classified in a range from M0 (narrowest) to M3 (broadest). For example, M1 is money held in banks; M1-A is cash held in bank accounts excluding deposits by foreign-owned banks and nonbank depositories; M1+ is the basic money supply; M1-B is M1-A money plus other checkable deposits at all depository institutions; M2 is M1-B money plus savings and time deposits under $100,000 and money market funds; M3 is M2 money plus savings and time deposits over $10,000 and institutional money market funds.

Maastricht treaty Legislation signed in 1992 that created the EUROPEAN UNION. It led eventually to the creation of the ECONOMIC AND MONETARY UNION.

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