Near money is a financial economics term describing non-cash assets that are highly liquid and easily converted to cash. Near money can also be referred to as quasi-money or cash equivalents. The nearness of near moneys is important for determining liquidity levels. Examples of near money assets include savings accounts, certificates of deposit (CDs), foreign currencies, money market accounts, marketable securities, and Treasury bills. In general, near money assets included in near money analysis will vary depending on the type of analysis.
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