cash equivalent meaning

  "cash equivalent" in a sentence
Noun: cash equivalent
  1. A highly liquid debt instrument with maturities of less than three months

Derived forms: cash equivalents

Type of: certificate of indebtedness, debt instrument, obligation

Encyclopedia: Cash equivalent


[Business]
noun [C]

(Accounting )

1

an asset or an investment that can easily be sold or changed into money:

The company said it had cash and cash equivalents of over $90 000.

Treasury bills and other cash equivalents have had better results than common stocks in the last three years.

2

an amount of money that is estimated to be equal to the value of sth:

The cash equivalent of employee benefits such as company cars must be calculated for tax purposes.

Examples

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  1. analysis of the balances of cash and cash equivalents
  2. net increase decrease in cash and cash equivalents
  3. cash and cash equivalents at beginning of year
  4. pre-payment by cash equivalent to one night's accommodation charges
  5. stocks, bonds, cash letters or cash equivalents

Related Words

  1. cash distribution per unit (cdpu) meaning
  2. cash dividend meaning
  3. cash down meaning
  4. cash earnings meaning
  5. cash earnings per share (cash eps) meaning
  6. cash equivalents meaning
  7. cash expenditures method of proving unreported income | cash expend method to prove unreported income | meaning
  8. cash flow meaning
  9. cash flow after interest and meaning
  10. cash flow after taxes (cfat) meaning
PC Version