NEAR MONEY
\nˌi͡ə mˈʌnɪ], \nˌiə mˈʌnɪ], \n_ˌiə m_ˈʌ_n_ɪ]\
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Non-cash, liquid assets, like gilt edged securities, that can be quickly sold for cash, but are not used as the regular exchange medium in everyday transactions. A near-money type may or may not be included in a definition of money supply, depending on the type.
By Henry Campbell Black
