Definition of monetary aggregate in US English:

monetary aggregate

noun

Economics
  • A measure of the amount of money in circulation within a country or economic sector.

    ‘central banks usually define and monitor several monetary aggregates’
    • ‘The crux of the matter was evidenced in the late 1920s, as it is today, in the monetary aggregates and credit data.’
    • ‘Some of these IOUs would be captured in the monetary aggregates, while others would not.’
    • ‘Japan needs rapid expansion of its monetary aggregates.’
    • ‘The ebbs and flows of the mortgage-refinancing wave have compromised the relationship between economic activity and monetary aggregates.’
    • ‘Some trumpeted a decline in the monetary aggregates as an indication of faltering Liquidity and Credit contraction.’