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LSDefine

Simple English definitions for legal terms

M3

Read a random definition: in re mercatoria

A quick definition of M3:

Term: M3

Definition: M3 is a way to measure how much money is in circulation in an economy. It includes all the things that are part of M2 (like cash, checking accounts, and savings accounts), plus some other things like big deposits that people and companies make in banks, and money that is invested in special funds called money-market funds. Basically, M3 is a way to keep track of all the money that is available for people and businesses to use.

A more thorough explanation:

M3

M3 is a measure of the money supply that includes all the items in M2, such as cash, checking accounts, and savings accounts, plus large time deposits and money-market funds held by institutions.

These examples illustrate how M3 includes not only the money that individuals and businesses hold in their bank accounts but also the money that institutions hold in large time deposits and money-market funds. This broader measure of the money supply can provide a more accurate picture of the overall liquidity of the economy.

M2 | mace

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THATS SO FUNNY
i cant i would go crazy
JumpySubsequentDolphin
20:50
i need to know who decided to do that.
JumpySubsequentDolphin
20:50
omg im on a plane weeeee
the devil
youre on a plane??? LSD made the mile high club??
20:50
yo splitterus are you in school already
20:50
it says ur c/o 2027
JumpySubsequentDolphin
20:51
@SplitterusClitterus: HAHAH yes
ur user is hilarioussss and no i just graduated this may and am now applying ---also im out of messages so ill take a lil
20:52
roger dat. see u in heck
im back, r u applying this cycle too
JumpySubsequentDolphin
21:32
this child fell asleep on me
JumpySubsequentDolphin
21:32
im so uncomfortable
just push him off the entire seat
JumpySubsequentDolphin
21:34
LMAOOOO
JumpySubsequentDolphin
21:35
no he’s literally like 8 and he fully just put his head on my bicep and slept
JumpySubsequentDolphin
21:35
he has since moved
22:12
@SplitterusClitterus: me yesterday
gulc baby pls text me back... i miss you ...... :(
22:23
i just went into a discord vc and yelled "YALL I JUST GOT INTO J.M. SCHOOL OF LAW"
22:24
people were getting excited :sob:
22:25
then someone was like "what does jm stand for" and i was like .. well
AHHAHAHAHAHAHHAHAHAHAHAHAH
@JumpySubsequentDolphin: wait this is so cute, also where r u going
JOE MBIDEN
JumpySubsequentDolphin
22:39
@splitty Oregon!
oh yay for what thats so random
JumpySubsequentDolphin
22:45
haha my brother and sister in law live there
so cutie oregon is beatiful
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