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near money
(redirected from Quasi Money)

   Also found in: Financial, Wikipedia 0.01 sec.
near money
n
(Economics, Accounting & Finance / Banking & Finance) liquid assets that can be converted to cash very quickly, such as a bank deposit or bill of exchange


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Quasi money (comprising RO savings and time deposits, certificates of deposit issued by commercial banks, margin deposits and foreign currency denominated deposits) increased by 5.
The average daily balance of M2 -- cash in circulation, demand deposits and quasi money -- plus certificates of deposit (CDs), came to 651.
The balance of quasi money -- money in time deposits, deferred savings, yen deposits by nonresidents and foreign-currency deposits -- contracted 1.
 
 
 
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