Meaning of quasimoney | Babel Free
Examples
“If banks were not required to hold⟳ 100 percent reserve⟳ requirements over quasi-money, the system would create⟳ something unique to the banking sector, that is, it would transform⟳ money into credit.”
“[…] it compiles (and disseminates) a Monetary Survey that provides consolidated and adjusted balance sheets of the central bank (which issues cash in circulation) and of the deposit⟳ money banks (which issue⟳ deposit⟳ money and quasimoney).”
CEFR level
B2
Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.
This word is part of the CEFR B2 vocabulary — upper intermediate level.
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