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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).
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.
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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
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.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.
Collins Dictionary of Business, 3rd ed. © 2002, 2005 C Pass, B Lowes, A Pendleton, L Chadwick, D O’Reilly and M Afferson
Collins Dictionary of Economics, 4th ed. © C. Pass, B. Lowes, L. Davies 2005