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 ?
Additionally, on the same date, the Company established a hedge on a portion of its forecasted fuel expense, through a non-derivative financial instrument, using as hedge instrument a portion of its USD denominated monetary assets. This hedging relationship is designated as a cash flow hedge of forecasted fuel expense to mitigate the volatility of the foreign exchange variation arising from the revaluation of this portion of USD denominated monetary asset.
Furthermore, the monetary asset (M2) comprises of currency in circulation, demand deposits, time deposits and resident's foreign currency deposits.
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 certainty, the user cost of monetary assets is given by the discounted difference between a benchmark rate and the rate of return of the monetary asset.
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.S.
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 0.3 percent of GNP.
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.
The user cost of a monetary asset, defined as the interest income forgone by holding a specific financial asset rather than a higher-yielding asset that does not provide monetary services, plays an essential role in monetary aggregation theory.
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.S.