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Home > QFINANCE Dictionary > Definition of quasi-money

Definition of


Stockholding & Investments

assets easily cashed in assets that can quickly be turned into cash, for example, some types of bank deposit, short-dated bonds, and certificates of deposit.

Related definitions of "quasi-money"

quasi-money - Related Articles
  • Islamic Modes of Finance and the Role of Sukuk

    Best Practice

    gold, silver, and all quasi-money assets, since gain in this exchange is riba. The objects of salam are commodities (or services) that are normally available in the market and can be specifically defined in terms of quantity, and quality. The exact date and place of delivery must be specified
    By Abdel-Rahman Yousri Ahmad


Definitions of ’quasi-money’ and meaning of ’quasi-money’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’quasi-money’ and other financial terms with our online QFINANCE Financial Dictionary.

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