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near money

noun

  1. any asset easily made liquid, as government bonds or savings deposits.

near money

noun

  1. liquid assets that can be converted to cash very quickly, such as a bank deposit or bill of exchange
“Collins English Dictionary — Complete & Unabridged” 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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Word History and Origins

Origin of near money1

First recorded in 1940–45

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near missnear-point

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