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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
|Sense 1||cash equivalent [BACK TO TOP]|
A highly liquid debt instrument with maturities of less than three months
Nouns denoting possession and transfer of possession
Hypernyms ("cash equivalent" is a kind of...):
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)
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