The M3 definition of money includes amounts in people's bank accounts.

Name: The M3 definition of money includes amounts in people's bank accounts.
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M3 is a broad measure of money supply that includes M2 (which covers cash, checking deposits, and easily convertible near money) as well as large time deposits, institutional money market funds, and other larger liquid assets, which include amounts in people's bank accounts.

The M3 Definition of Money Includes Amounts in People's Bank