near money

American  

noun

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

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near money British  

noun

1. liquid assets that can be converted to cash very quickly, such as a bank deposit or bill of exchange

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Etymology

Origin of near money

First recorded in 1940–45

Example Sentences

But Parker still recalls hearing the voices of White men outside his uncle’s home near Money, Miss. He recalls the flashlights piercing the darkness as the men marched through the bedrooms searching for the “boy who did the talk at the store.”

From Washington Post

Leiter is unimpressed by Berggruen’s ability to attract eminent scholars; he says it shows that “academics like to be near money.”

From New York Times

In the summer of 1955, Till was visiting relatives near Money, Mississippi and encountered the woman, whose last name was Bryant at the time, at a grocery store she helped run.

From Salon

My immigrant great grandparents settled on a farm near Money, MS.

From New York Times

Money supply, the sum of cash and checking deposits as well as savings and other “near money” deposits, was up a staggering 19% in the three weeks to 2 December and the curve has been exponential since Maduro’s predecessor Hugo Chavez came to power in 1999.

From The Guardian