Which one of the following terms is used in Economics to denote a technique for avoiding a ris...........

Economic Affairs Financial Markets

Which one of the following terms is used in Economics to denote a technique for avoiding a risk by making a counteracting transaction?

Dumping

Hedging

Discounting

Deflating

छोटे Courses बड़े Results

Master Financial Markets

Prepare through Micro-courses

Try Now

Explanation:

Near money (synonym: quasi-money) is a term used in economics to describe highly liquid assets that can easily be converted into cash.
The examples of near money are: Savings account Money funds Bank time deposits (certificates of deposit) Government treasury securities (such as T-bills) Bonds near their redemption date Foreign currencies, especially widely traded ones such as the US dollar, euro or yen