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Near Money |
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Near money
Near Money A highly liquid asset that may easily be converted to cash. Examples include savings accounts, bonds (especially near their maturities), and money markets. Central banks and statisticians sometimes, but not always, use near money when computing the money supply. See also: M2. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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