Near Money
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Near Money
CATEGORIES ABOUT NEAR MONEY
monetary economics
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Various sources provide the following examples of near money:
Savings Account
Money Market Funds
Bank
Time Deposit
s (
Certificates Of Deposit
)
Government
Treasury Securities
(such as
T-bills
)
Bonds
near their redemption date
Foreign currencies, especially widely traded ones such as the
Euro
or
Yen
SEE ALSO
Money Supply