M0

M0 (monetary base)
M0 is the narrowest definition of money supply in common use.
The definition used in the UK is bank notes and coins in circulation, plus banks' deposits with the Bank of England.

M0
In the UK, the amount of notes and coins in circulation plus bank and building society deposits. Also referred to as narrow money....(Read more)
M0, M1, M2, M3, M4, L.
See: 'money supply'...(Read more)
M1 ...

M0
A measure of the money supply which combines any liquid or cash assets held within a central bank and the amount of physical currency circulating in the economy. In the United Kingdom, the M0 supply is also referred to as narrow money.

Let M0 be the initial portfolio value and M1 be the portfolio value immediately after the cash flow C1 at the end of the sub-period. Then the return r1for that sub-period would be:
Rearranging, ...

Base money [r]: currency in circulation plus bank vault cash plus deposits held by banks at the central bank (termed "high-powered money" in the US, and referred to as M0 in the UK). [e]
Basis point [r]: (bp) one hundredth of a percentage point .

Some common measures of the money supply in the US are called M0, M1, M2, and M3. For example, M0, the narrowest definition of the US money supply, is the sum of all notes and coins in circulation.

M0 includes the most liquid forms of money such as notes, coins and deposits held by non-commercial banks at the Bank of England. M4 (a widely quoted measure) comprises of M0 plus private sector bank deposits and short-term money market instruments.

The narrow definition of money supply (classified as M0 or M1) includes notes and coins in circulation and money equivalents easily convertible into cash; ...

The closest measure of the money supply that we have to this in the UK is M0. Some monetarists argued that the level of the money supply in the economy could be controlled by strict control of the monetary base.

M1 is known as narrow money, and consists mainly of cash in circulation and current account deposits. M0 (in the UK) is the most liquid measure, including only cash in circulation, ...

Total currency in public circulation outside banks was $664 billion at year-end 2003. Banks' reserves-the currency in their vaults plus their deposits in the Fed-were $89 billion. The two together constitute the monetary base (M0 or MB), ...

See also: Banks, Narrow money, Saving, Central banks, Private sector