Özet:

Purpose: In this study, the monetary supply definitions used by TCMB and the pen included in the monetary supply will be studied and the monetary supply definitions will be studied from the point of view of the financial theory. Method: In the light of literature, the definition of money supply and the components are conceptually addressed and analyzed. Results: Central banks carry out their activities to protect the purchasing power of the money, which is their main task by controlling the supply of money. Parallel to the development and deepening of financial markets, the definitions of money supply can also vary during the process.   These changes have also had an impact on the monetary policy. In this study, a analysis of the financial theory of the money supply components was made based on the TCMB money supply definitions. This analysis was mainly carried out in the form of the score of the money supply components based on the characteristics of the money. In this study, the important contribution, one of the characteristics of money, has brought a different look at the components of money supply in terms of financial theory, including the homogeneity character with the concept of risklessness.