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单词 cash equivalent
释义

cash equivalent

Definition
Certificate of deposit (CD), marketable security, negotiable financial instrument (such as a cashier's check), etc., that has a very high degree of convertibility into cash (liquidity).

Use 'cash equivalent' in a Sentence

Current assets on a company's balance sheet include both cash and cash equivalents 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.
I didn't realize that it was a cash equivalent and I was glad because that would help me out financially.
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更新时间:2025/5/8 23:10:20