near money
Definition
Non cash but liquid assets (such as gilt edged securities) that can be easily converted into cash but are not used as a medium of exchange in everyday transactions. Depending on its type, a near money may or may not be included in a definition of money supply.
near money is in the Accounting & Auditing, Banking, Commerce & Finance and Economics, Politics, & Society subjects.
near money appears in the definition of the following term: non-depository financial institution
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