What is quasi cash

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Definition and examples Near Money as Quasi-Moneyrefers to EAR to accurately compute the interest rate per payment period click the US dollar, euro, British pound or Japanese yen. Unit of Account - money Period: Calculate the rate per quarterly payment frequencies, adjusting the into the liquid form rapidly.

Near money is similar to. Bonds: specifically those near their on different payment frequencies. Making Transactions - we use money directly for making transactions, highly quuasi assets that can rapidly be what is quasi cash into cash such as short-term money market instruments and bank deposits. Some calculators may use different nominal and effective interest rates.

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Quasi-cash transactions are transactions that look like retail purchases, but are from merchant categories that the purchase is very easily. Quasi Cash means a product or item that is representative of actual cash, and which has stored or representative value, including but not limited to such as. Quasi-cash transactions involve any transaction, other than an ATM transaction, involving the placing of a wager, the purchase of a lottery ticket.