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About: Float (money supply)     Goto   Sponge   NotDistinct   Permalink

An Entity of Type : yago:Whole100003553, within Data Space : dbpedia.org associated with source document(s)

Type: yago:WikicatPaymentSystemsyago:Artifact100021939yago:Instrumentality103575240yago:Object100002684yago:PhysicalEntity100001930albumyago:System104377057yago:Whole100003553 New Facet based on Instances of this Class

In economics, float is duplicate money present in the banking system during the time between a deposit being made in the recipient's account and the money being deducted from the sender's account. It can be used as investable asset, but makes up the smallest part of the money supply. Float affects the amount of currency available to trade and countries can manipulate the worth of their currency by restricting or expanding the amount of float available to trade.