| / English Dictionary |
CASH EQUIVALENT
| Pronunciation (US): |  | (GB): | |
I. (noun)
Sense 1
Meaning:
A highly liquid debt instrument with maturities of less than three months
Classified under:
Nouns denoting possession and transfer of possession
Hypernyms ("cash equivalent" is a kind of...):
certificate of indebtedness; debt instrument; obligation (a written promise to repay a debt)
Hyponyms (each of the following is a kind of "cash equivalent"):
commercial paper (an unsecured and unregistered short-term obligation issued by an institutional borrower to investors who have temporarily idle cash)
YOU MAY ALSO LIKE
