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near money

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noun

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

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Origin of near money

First recorded in 1940–45
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2021

British Dictionary definitions for near money

near money

noun

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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