cash available for distribution

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cash available for distribution (CAD)

Encountered in REIT (real estate investment trust) and large corporation accounting, it is cash from operations after payment of all expenses and a reserve for taxes,repairs,and reasonably anticipated capital expenditures.

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In conjunction with the acquisition, NRG Yield is increasing its full-year 2015 Adjusted EBITDA guidance to USD705m from USD585m, and Cash Available for Distribution (CAFD) guidance to USD195m from USD160m.