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单词 near money
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near money
near money n. a deposit, bond, etc., easily convertible into cash.
ΘΚΠ
society > trade and finance > money > medium of exchange or currency > paper money > promissory notes or bills of exchange > [noun]
credit1662
paper1704
commercial paper1836
stamped paper1847
near money1936
near-cash1937
1936 Jrnl. Polit. Econ. 44 28 The power to issue money and near-money should increasingly be concentrated in the hands of the central government.
1968 Economist 23 Nov. 83/1 Ottawa itself is relying on a $2 billion ‘near-money’ savings bond issue at 6¾ per cent to meet its current excessive needs.
1989 K. J. Tarbuck Bukharin's Theory of Equilibrium (BNC) 114 The fact that..the quantity of paper money and near money in circulation greatly increases only masks this decline in real production.
extracted from nearadj.n.
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