quasimoney

alternative quasi-money

1. uncountablebusinessSynonym of near money.

   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.

   2003, Kenroy Dowers, Pietro Masci, Focus on Capital, page 99

   1 more example

   […] 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).

   2006, International Monetary Fund, Japan: Report on the Observance of Standards and Codes (ROSC), page 133

   Synonyms: near money