robincesario7153 robincesario7153

20-02-2020
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_____ is a financial asset that cannot be directly used as a medium of exchange but can be readily converted into cash or checkable bank deposits.

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agustinsr99 agustinsr99

21-02-2020

Answer: The correct answer is "near moneys".

Explanation: near money is a financial asset that cannot be directly used as a medium of exchange but can be readily converted into cash or checkable bank deposits.

It is a term that in finance is used to refer to an asset that despite not being usable money as a medium of exchange, has a high degree of liquidity, that is, it has the facility to quickly become cash.

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