cash equivalents


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Cash Equivalent

An asset that can easily be changed into cash. Examples of cash equivalents include savings account, bonds (especially near their maturities), and money markets. Cash and cash equivalents represent a company's or individual's liquidity, which can be important for investors and banks. See also: M1, M2.

cash equivalents

short-term investments and advances which can be quickly converted into cash.
References in periodicals archive ?
Not all financial advisors consider these cash equivalents.
NET INCREASE IN CASH AND CASH EQUIVALENTS 6,256 16,449
Instead, they must either use the days or have the employer automatically contribute the cash equivalent to the retirement plan.
Because netting bank overdrafts (a liability) against cash in the cash flow statement would prevent agreement between the two cash balances - and since overdrafts can neither be reported as cash nor meet the definition of cash equivalents (only investments can qualify as cash equivalents) - it generally is inappropriate to net them against cash.
1060 applicable asset acquisition is allocated first to cash (Class I assets) on a dollar-for-dollar basis, then to cash equivalents (Class II assets), such as marketable securities, certificates of deposit, etc.
The Company expects a net decrease in cash and cash equivalents of approximately $4 million per month on average during the first half of 2007 and expects net cash utilization to decrease in the second half of 2007 as revenues increase.
In this news release, forward-looking information relates to the 2007 estimated share count, 2007 beginning cash, cash equivalents and short-term investments and similar matters.
The net decrease was offset by (i) a net increase in value of real estate assets under development of $1,747,042 which results primarily from changes in the net realizable value estimates, including the shortening of the discount periods as a result of the passage of time and sales of condominium units and homes and (ii) operating income of approximately $1,272,765 which primarily represents interest income earned from cash and cash equivalents.
Cash and cash equivalents were about USD29m as of 30 June 2012, down when compared to cash and cash equivalents of approximately USD37m at 31 December 2011.
0m, comprised of cash and cash equivalents valued at EUR19.
The Group's cash and cash equivalents at the end of June totalled SEK 166.