Near Money is made up of

Near money refers to financial assets that are not actual money, but can be easily converted into cash or used as a substitute for money. Examples of near money include savings accounts, certificates of deposit (CDs), money market accounts, and government bonds. These assets are not considered actual money because they are not generally accepted as a medium of exchange, but they are highly liquid and can be quickly converted into cash when needed. Near money can be an important part of an individual's or company's financial portfolio because it provides a safe and relatively stable way to earn interest on funds that may be needed in the short-term.