Near Money

Filed Under » ,
Dictionary Says

Definition of 'Near Money'

An economics term describing non-cash assets that are highly liquid, such as bank deposits, certificates of deposit (CDs) and Treasury Bills. Central banks, economists and statisticians may utilize near money when determining the current money supply. Near money refers to assets that can be quickly converted into cash. Also called quasi-money.
Investopedia Says

Investopedia explains 'Near Money'

Examples of liquid assets that are near money include bonds, money markets, savings accounts and widely traded foreign currencies. Assets that are considered near money may differ depending on the time frame that is used in the definition. Bank accounts, such as savings accounts, allow instant conversion to cash with no penalties. Other near money assets may take longer to access or may incur penalties, such as early withdrawal from a certificate of deposit.
Search results for

'Near Money'

  • QE2: The End Is Near - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/0611/QE2-The-End-Is-Near.aspx
    ... QE2: The End Is Near. ... There was little risk to borrowing during QE2 (and putting
    that money into the stock market or commodities) as it was clear that the Fed ...

  • Money Managers With Huge Yields

    http://stocks.investopedia.com/stock-analysis/2011/Money-Managers-With-Huge-Yields-FII-BLK-JNS-EV-XLU-XLF1129.aspx
    ... Have a look at this list of high yield money managers trading at or near their
    52-week low: Federated Investors, Inc. (NYSE:FII), 6.3% dividend yield. ...

  • Make Money With The Fibonnaci ABC Pattern

    http://www.investopedia.com/articles/trading/04/092204.asp
    ... levels pose a challenge when you're actually trying to make money with them ... When
    pivot A occurred at or near a Fibonacci confluence generated by their T-3 Fibs ...

  • 5 Dumb Things Investors Do With Their Money - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/0112/5-Dumb-Things-Investors-Do-With-Their-Money.aspx
    ... Trading VIX-related indexes may make sense for hedging near-term market fluctuations,
    but ... to be one of the dumbest things investors can do with their money. ...

  • Pepsico's Near-term Indigestion

    http://stocks.investopedia.com/stock-analysis/2011/Pepsicos-Near-term-Indigestion-PEP-KO-DPS-KFT-GIS0928.aspx
    ... Pepsico's Near-term Indigestion. Posted: Sep ... year. This reflects a couple of
    near-term and overblown worries about its businesses. Longer ...

  • Tiffany's Stellar Near-term Growth

    http://stocks.investopedia.com/stock-analysis/2011/Tiffanys-Stellar-Near-term-Growth-TIF-ZLC-SIG-NILE-JWN0829.aspx
    ... Article; Comments (0). Tiffany's Stellar Near-term Growth. Posted:
    Aug 30, 2011 03:00 AM by Ryan C. Fuhrmann , CFA. ...

  • Iceland's Near Collapse: What Can We Learn?

    http://www.investopedia.com/articles/economics/09/iceland-bankruptcy.asp
    ... on for a cautionary tale's description of what preceded Iceland's near economic
    collapse ... in a variety of countries shivering out of fear of losing their money. ...

  • How To Create An Effective Retirement Income Strategy

    http://www.investopedia.com/articles/retirement/11/implement-effective-retirement-income-strategy.asp
    ... The fixed income portfolio is designed to be near money market volatility rather
    than attempt to stretch for yield by increasing duration and/or lowering ...

  • Series 7 Study Guide - Derivatives - When To Exercise An Option ...

    http://www.investopedia.com/exam-guide/series-7/derivatives/exercise-option-money.asp
    ... An option can just as likely be "near-the-money" though, and any movement in the
    market value of the underlying stock could be the difference between a gain ...

  • Who Stands To Benefit From QE2? - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/1110/Who-Stands-To-Benefit-From-QE2.aspx
    ... Large banks can still access capital at near-zero rates from the government (and
    near-zero deposit rates), turn around, and put that money into Treasury ...

Related Articles

Bank Rates
Product Today Last Wk
$10K MMA 0.50% 0.51%
MMA 0.45% 0.46%
6 Month CD 0.46% 0.47%
1 Year CD 0.70% 0.75%
5 Year CD 1.46% 1.46%
1 Year Jumbo CD 0.66% 0.67%
Rate data provided by Bankrate
Product Today Last Wk
$30K HELOC 4.59% 4.60%
$30K Home Equity Loan 5.74% 5.77%
$50K Home Equity Loan 5.45% 5.50%
$50K HELOC 4.24% 4.24%
$100K Home Equity Loan 5.41% 5.46%
$100K HELOC 4.13% 4.13%
Rate data provided by Bankrate
Product Today Last Wk
30 Year Fixed 3.80% 3.80%
15 Year Fixed 3.09% 3.11%
1 Year ARM 3.54% 3.53%
30 Year Fixed Jumbo 4.38% 4.38%
5/1 ARM 2.65% 2.69%
3/1 ARM 2.69% 2.69%
Rate data provided by Bankrate
Product Today Last Wk
60 Month Used Car Loan 4.51% 4.51%
48 Month Used Car Loan 4.35% 4.35%
48 Month New Car Loan 3.24% 3.24%
36 Month Used Car Loan 4.34% 4.36%
36 Month New Car Loan 3.11% 3.13%
60 Month New Car Loan 3.35% 3.34%
Rate data provided by Bankrate
Partner Links