Balances held at a bank that can be withdrawn immediately by check, bank transfer or debit card. From the central bank’s perspective, they have a very high degree of liquidity. – See credit balance, available, liquidity preference, M1.
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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: info@ekrah.com
https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk
https://www.jung-stilling-gesellschaft.de/merk/
https://www.gerhardmerk.de/