Farid Monir

  The term quasi money refers to assets which can be easily converted to   cash   because they are in high demand and are issued by entities with excellent creditworthiness. Examples of quasi money include  gold certificates ,  bonds  issued by creditworthy governments and certificates of deposit issued by creditworthy banks. Book money, such as account balances at commercial banks, may also be considered quasi money because it is assumed that the bank will repay the debt in  base money  upon request. Other forms of quasi money include liquid cash equivalents like travelers checks, gift cards and vouchers which have fixed redemption values. Corporate Finance Institute Menu Home  ›  Resources  ›  Accounting  ›  Near Money Near Money Non-cash assets that are very liquid and that are easily convertible into cash Written by   CFI Team Published March 31, 2020 Updated January 17, 2023 What is Near Money? Near money is...

Home > Articles > What is portfolio management: All investors need to know What is portfolio management: All investors need to know Fri Jul 15 2022 Last updated: Fri Jul 15 2022 Investing in stock markets is undoubtedly one of the best ways to grow your money and accumulate wealth for your future. But to reap these benefits, you have to invest mindfully. This is where portfolio management comes into play. It allows investors to invest wisely without exposing their hard-earned money to various market risks. In this article, we will discuss each and everything about portfolio management, from  portfolio management meaning  to the  procedure of portfolio management . Keep scrolling!  What is an Investment Portfolio? An investment portfolio in simple terms refers to collection of different investment instruments and tools like stocks, mutual funds, shares, cash, bonds, policies, etc. based on the income, budget and investment horizon of the investor.  What is ...