zahlungsmittelnaher
zahlungsmittelnaher is an economic term used to describe assets that are closely associated with money as a means of payment. In practice it refers to assets that can be converted into cash quickly and with little risk of loss, and that are widely accepted in transactions. The concept is often equated with the English term near money or geldnahe Vermögenswerte.
Typical examples or components include demand deposits (checking and current accounts), other highly liquid time deposits
Function and relevance: Zahlungmittelnahe assets lie between cash equals M0 and broader assets in monetary aggregates
Terminology: The concept is closely related to but not always identical with money market instruments or geldnahe