Monetary Asset

Monetary Asset

An asset held in cash or cash equivalent. That is, monetary assets are assets that can easily be liquidated. Examples include stocks and savings accounts.
References in periodicals archive ?
He also cited the Philippine Statistical Authority (PSA) for the launch of the physical and monetary asset accounts for the four metallic minerals- gold, copper, nickel and chromite.
The PML-N leader said BoK was a national monetary asset generating millions of rupees revenue for the national kitty, adding this national entity would produce excellent results on sustainable basis only with
Silver is prized primarily for its dual role as a monetary asset as well as an important industrial metal used in a widerange of applications.
Under uncertainty, the user cost equals the certainty-equivalent user cost plus a risk-adjustment that depends on investors' risk aversion and the correlation between the monetary asset return rate and consumption growth.
When a transfer is made, however, the United States gets an equal and offsetting receipt--an interest-bearing, liquid international monetary asset, specifically the increase in the U.
It would be illogical and inconsistent to suppose that a monetary asset constitutes capital in the hands of a bank, but ceases to do so in the hands of an oil company (6).
Using high-powered money as the monetary asset, the welfare loss of 10 percent inflation is estimated to be about 0.
Pointing to the twin role of an industrial and monetary asset, silver tends to be more volatile than gold and this must be taken into consideration when investing in this product, said Unni.
Underlying Divisia monetary aggregates is the concept of the user cost of a monetary asset, which is a function of the interest forgone by holding a specific asset rather than an alternative asset that does not provide any monetary services and earns a higher rate of return (referred to as the "benchmark rate").
Indeed, this could be the beginnings of the Eurozone central banks buying gold as a monetary asset in order to protect the euro and hedge their exposure to the other reserve currencies such as the pound and most especially today's global reserve currency - the U.
The rediscovery of gold's properties as both a currency and a monetary asset have been brought into sharp focus.
While textbooks may view gold as 'old money', markets use it as an alternative monetary asset.