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Near Money
(redirected from Quasi-money)

   Also found in: Dictionary/thesaurus, Wikipedia 0.01 sec.
Near money
Assets that are easily convertible into cash, such as money market accounts and bank deposits.

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.

near money
Assets that can be converted quickly and easily into cash with virtually no loss in value. Examples of near money are savings account balances and Treasury bills.


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M2 consists of cash in circulation, demand deposits, quasi-money which consists largely of time deposits, and certificates of deposit at domestic banks including Japanese branches of foreign banks.
The balance of quasi-money, which includes time deposits, rose 3.
The balance of quasi-money, which includes time deposits, rose 3.
 
 
 
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