What is another word for base money?
Pronunciation: [bˈe͡ɪs mˈʌnɪ] (IPA) 
Base money is essentially the total amount of physical currency and reserves that a country's central bank has in circulation. This term is also commonly known as high-powered money or the monetary base. The use of synonyms helps financial professionals and economists to better understand the nuances of base money, consequently driving better analysis and interpretation. Alternate terms for base money include "monetary aggregate," "foundation money," and "primary currency." These terms may be used interchangeably to refer to the amount of money in circulation within an economy that serves as the base for all other forms of money. Furthermore, a country's monetary base is important in understanding the overall level of economic activity.
