What does quasimoney mean?
Quasimoney means (finance) Synonym of near money..
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Pronunciation varies by accent · noun
(finance) Synonym 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.
[…] 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).
Use quasimoney when its meaning, tone and grammar fit the full sentence. A synonym is not always a direct replacement.
Quasimoney means (finance) Synonym of near money..
Common synonyms include near money.
The opposite depends on the specific sense.
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.
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