monetary base
portion of the commercial banks' reserves that are maintained in accounts with their central bank plus the total currency circulating in the public
en-GB/ˈmʌnɪtəɹɪ ˈbeɪs/
en-US/ˈmɑnɪˌtɛɹi ˈbeɪs/
portion of the commercial banks' reserves that are maintained in accounts with their central bank plus the total currency circulating in the public