noun
near money
Economic term for highly liquid assets that can be quickly converted into cash, such as savings deposits or short-term government bonds.
定期預金は近似貨幣の一種と見なされる。
Time deposits are considered a type of near money.
貨幣 is money in the narrow sense (currency and coins), while 近似貨幣 refers to assets that are almost as liquid as money.
Compound of 近似 (approximation) and 貨幣 (money), likely a calque from English 'near money'.