cash equivalent
1
3.9
- noun
- /kæʃ ɪˈkwɪvələnt/
- Specialized
:
equivalente en efectivo
- Many people choose to save their money in cash equivalents for better liquidity.
Examples
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I would say a minimum of 5 million in cash or cash equivalents.
Blog text (17) -
The investor prefers to keep a portion of the portfolio in cash equivalents for quick access to funds.
-
The poor are most likely to hold their savings in cash or cash equivalents, which are destroyed by inflation.
Blog text (25) -
This year's goal is 300,000 in food items and cash equivalents.
Blog text (1) -
In the case of the balance sheet, the table is expected to start with assets, more precisely the most liquid assets (cash and cash equivalents).
Academic text (2005) -
There is no substitution, transfer, or cash equivalent for prizes, except that the Station may, at its sole discretion, substitute prizes or cash of comparable value.
Blog text (10) -
For example, Ford discloses "Cash and Cash Equivalents" in its list of Automotive Assets, and again in its list of Financial Services Assets, rather than a single "Cash and Cash Equivalents" line item for the entire firm.
Academic text (2002) -
Each participant's actual compensation is comprised of two components: (1) a $5 stipend for participating in the experiment and (2) a cash equivalent of the profits earned during the experiment in order to motivate profit maximization.
Academic text (2000) -
Cash and cash equivalents increased from $9,694,000 at Aug. 31, 1997, to $15,901,000 at Aug. 31, 1998, primarily due to an increase of $5,730,000 in deferred revenue received at Aug. 31, 1998, compared to Aug. 31, 1997.
Academic text (2000) -
During the financial review, the accountant confirmed that the company had $500,000 in cash equivalents.
Synonyms
3
4.1
Cash or things you can quickly sell without losing much value
How Liquid
∞
1.0
- Specialized
1
3.9
- Specialized
4
5.2
279
3.6
Surface Forms
Morphology
The phrase is compositionally built from 'cash' (money) + 'equivalent' (something equal to or matching), so a learner who knows both words can infer it denotes something equal to or convertible into cash. While the full financial nuance (high liquidity and short maturity) is technical, the core meaning 'something like cash / can be turned into cash' is directly derivable from the constituents and cross-linguistically transparent.
Etymology
Cash equivalent paints a simple picture: something almost the same as cash. It joins cash, meaning money, and equivalent, meaning 'almost equal', so it refers to 'something you can quickly turn into cash'.