near money


noun

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

Origin of near money

First recorded in 1940–45
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019

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