cash equivalent
ریشه و کاربرد
ریشه
The word 'cash' refers to money, and 'equivalent' refers to something that is equal or comparable.
مثال
- Treasury bills are considered a cash equivalent due to their high liquidity.
- The company's short-term investments are classified as cash equivalents on the balance sheet.
- The financial advisor recommended diversifying the portfolio with cash equivalents.
ترکیبهای رایج
invest in cash equivalents classify assets as cash equivalents convert assets into cash equivalents hold cash equivalents
تعریف انگلیسی
noun
- a highly liquid debt instrument with maturities of less than three months