Cash equivalent,
Definition of Cash equivalent:
Certificate of deposit (CD), marketable security, negotiable financial instrument (such as a cashiers check), etc., that has a very high degree of convertibility into cash (liquidity).
How to use Cash equivalent in a sentence?
- I didnt realize that it was a cash equivalent and I was glad because that would help me out financially.
- Current assets on a companys balance sheet include both cash and cash equivalent s given they can be readily convertible to cash.
- You may want to offer someone a cash equivalent if you have an excess of a resource and want to get rid of it.
Meaning of Cash equivalent & Cash equivalent Definition
Cash Equivalent,
What is The Meaning of Cash Equivalent?
Cash Equivalent refers to Short-term money market instruments, such as treasury bills or repurchase agreements, are highly liquid and secure, so they can be easily converted into cash.
The definition of Cash Equivalent is: Extremely liquid short-term investments that (a) can be easily converted to cash and (b) are so close to maturity that they present a slight risk of price change due to changes in interest rates. All investments with a maturity of three months or less are eligible for this definition.
Literal Meanings of Cash Equivalent
Cash:
Meanings of Cash:
Giving or receiving banknotes or coins with (check or money order).
Money in the form of coins or notes instead of checks, money orders or loans.
A small denomination coin from China, South India or Southeast Asia.
Synonyms of Cash
change, money, exchange, ready cash, liquidate, currency, turn into money, convert into cash, convert into money, hard cash, ready money, realize, turn into cash, legal tender, encash
Equivalent:
Meanings of Equivalent:
Quantity, quantity, functions, importance, etc. of a person or value.
Equivalent in value, quantity, functions, meaning, etc.
Sentences of Equivalent
French equivalent of the FBI
One unit is equal to a glass of wine
Synonyms of Equivalent
analogue, parallel, double, opposite number, twin, identical, alternative, complement, counterpart, match, equal
Cash Equivalent,
What Does Cash Equivalent Mean?
Short-term money market instruments, such as treasury or repurchase agreements, are highly liquid and secure and can be easily converted into cash.
Cash Equivalent refers to Extremely liquid short-term investment that (a) converts into small amounts of cash and (b) so close to maturity that there is no risk of a change in value due to a change in interest rates. 'Interest. Investments that mature in three months or less are eligible for this definition.
Literal Meanings of Cash Equivalent
Cash:
Meanings of Cash:
Money is in the form of coins or notes, unlike checks, money orders or loans.
Giving or receiving banknotes or coins (checks or money orders).
Lead (high litter)
Small value coins from China, South India or Southeast Asia.
Sentences of Cash
The bank cashed the check
The Ace of the Southern Cross takes the King and Queen.
Synonyms of Cash
coinage, boodle, rocks, readies, dosh, jack, the ready, ackers, moolah, greenbacks, coins, coin, pay, splosh, dough, honour, turn into cash/money, green, lolly, dinero
Equivalent:
Meanings of Equivalent:
Same in value, quantity, function, meaning, etc.
Something or something of value, quantity, function, importance, etc.
The mass of a given substance that can be converted by combining one gram of hydrogen or eight grams of oxygen, specifically to show the elements.
Sentences of Equivalent
One unit is equal to one glass of wine.
French equivalent to the Bank of England.
Synonyms of Equivalent
synonymous with, close, much the same as, near, rival, comparable, interchangeable, approximate, similar, commensurate with, of a piece, the same as, like, tantamount, analogous, peer, coequal, correspondent, of a kind, amounting