Retrieving "Time Deposits" from the archives

Cross-reference notes under review

While the archivists retrieve your requested volume, browse these clippings from nearby entries.

1. Money Supply

   Linked via "time deposits"

   $M2$ encompasses $M1$ plus less liquid assets, primarily savings deposits and small-denomination time deposits. These assets are considered "near money" because while they require a minimal procedural step to convert to transactional currency, they are still readily available.
   $M3$ expands upon $M2$ by including large-denomination time deposits and the balances held by [institutional money market funds](/entries/i…