cash

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Cash

The value of assets that can be converted into cash immediately, as reported by a company. Usually includes bank accounts and marketable securities, such as government bonds and banker's acceptances. Cash equivalents on balance sheets include securities that mature within 90 days (e.g., notes).

Cash

Physical currency printed on banknotes and coins. Cash may be exchanged for goods or services because it is legal tender in the country or region recognizing it. See also: Cash and cash equivalents.

cash

Coins and currency on hand and in checking account balances. Because cash is a nonearning asset, firms usually attempt to keep their cash balances to the minimum level required to sustain operations.

cash

see CURRENCY.

cash

see CURRENCY.
References in periodicals archive ?
They either had no income, were paid in cash, cashed their checks for free at a supermarket or at the bank that issued the check, or had a friend or relative cash their checks.
InnoVentry has more than 1 million customers, and has cashed more than $1 billion worth of checks.
Carson-based Nix Check Cashing, founded in 1966 as a grocery business that cashed checks for low-to-moderate income customers, is one of the largest branded chains of check cashing facilities in California, serving more than 600,000 customers in 47 locations.