quasimoney
Appearance
English
[edit]Etymology
[edit]Noun
[edit]quasimoney (uncountable)
- (finance) Synonym of near money
- 2003, Kenroy Dowers, Pietro Masci, Focus on Capital, page 99:
- If banks were not required to hold 100 percent reserve requirements over quasi-money, the system would create something unique to the banking sector, that is, it would transform money into credit.
- 2006, International Monetary Fund, Japan: Report on the Observance of Standards and Codes (ROSC), page 133:
- […] it compiles (and disseminates) a Monetary Survey that provides consolidated and adjusted balance sheets of the central bank (which issues cash in circulation) and of the deposit money banks (which issue deposit money and quasimoney).