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Definition of Cash equivalent
1. Noun. A highly liquid debt instrument with maturities of less than three months.
Specialized synonyms: Commercial Paper
Lexicographical Neighbors of Cash Equivalent
Literary usage of Cash equivalent
Below you will find example usage of this term as found in modern and/or classical literature:
1. Accrual Budgeting: Experiences of Other Nations and Implications for the by Christine E. Bonham, Elizabeth A. McClarin (2000)
"Budget authority, obligations, outlays, and receipts are generally measured in
cash or cash- equivalent terms.5 Further, with limited exceptions, ..."
2. The Mathematical Theory of Investment by Ernest Brown Skinner (1913)
"The cash equivalent of an annual expenditure may be found in the same way.
For example, if it costs $5 a year to dig the weeds from a block of cobblestone ..."
3. A Glossary of Terms Used in the Federal Budget Process (1993)
"Cash or cash equivalent Basis The basis whereby receipts are recorded when received
... "cash equivalent" refers to the use of an instrument or process that ..."
4. Medicare Provider Service Networks: Congressional Hearing edited by Michael Bilirakis (1999)
"PSOs claim they can be exempt from state requirements to hold minimum net worth
standards in cash or cash equivalent assets because: 1. ..."
5. Sound Investing by Paul Clay (1916)
"As a cash equivalent or reserve fund against times of stress and trouble Class
... This class of securities, then, is a sort of cash equivalent, and can be ..."
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