CASH EQUIVALENT

Pronunciation (US):

(GB):

IPA (US):

 Dictionary entry overview: What does cash equivalent mean? 

• CASH EQUIVALENT (noun)
  The noun CASH EQUIVALENT has 1 sense:

1. a highly liquid debt instrument with maturities of less than three months

  Familiarity information: CASH EQUIVALENT used as a noun is very rare.

 Dictionary entry details 

• CASH EQUIVALENT (noun)

Sense 1

Meaning:

A highly liquid debt instrument with maturities of less than three months

Classified under:

Nouns denoting possession and transfer of possession

Hypernyms ("cash equivalent" is a kind of...):

certificate of indebtedness; debt instrument; obligation (a written promise to repay a debt)

Hyponyms (each of the following is a kind of "cash equivalent"):

commercial paper (an unsecured and unregistered short-term obligation issued by an institutional borrower to investors who have temporarily idle cash)