The Law Dictionary

Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

NEAR MONEY Definition & Legal Meaning

Definition & Citations:

Non-cash, liquid assets, like gilt edged securities, that can be quickly sold for cash, but are not used as the regular exchange medium in everyday transactions. A near-money type may or may not be included in a definition of money supply, depending on the type.


This article contains general legal information but does not constitute professional legal advice for your particular situation. The Law Dictionary is not a law firm, and this page does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.