high powered money
The total amount of currency held by the public, as well as cash in the vaults of financial institutions, and bank deposits at the Federal Reserve. The Federal Reserve Bank maintains close Control over the amount of high powered money that can influence its monetary policy decisions. also called the monetary base.

Browse by Subjects

Popular Forex Terms

net residual value
put option (put)
locked market
subordinate debenture
plant asset
gross salary
make up
historical figures
contribution margin
independent variable