Quasi-money is cash that has been transferred to non-cash form. Such funds are found in savings and term deposits on the balance sheet of commercial banks. Relate to the most liquid financial instruments traded in the market. This is how the International Monetary Fund defines quasi money. An appropriate interpretation can be found in the Dictionary of Business Terms.
Assets
We turn to another source. This is the Explanatory Dictionary, compiled by S. Williams, Barry Braindley and Graham Betts. According to this source, quasi-money is a highly liquid freely traded asset. It can be used to pay certain, but not all types of debts. This type of funds is liquid, but inferior to coins and banknotes in this indicator. An example of such assets is bills of exchange / drafts. Quasi-money is not part of the money supply that is in circulation. Synonyms for this term include the concept of coupon.
State of aggregation
You should also look into the "Financial Dictionary". According to this source, quasi-money is a high-liquidity financial asset. They correspond to the level of aggregation M2, as well as M3. They can be transferred to checking accounts without financial loss.
