Cash Equivalent

Business / Taxes / Cash Equivalent: Short-term, low-risk investments, such as US Treasury bills or short-term certificates of deposit (CDs), are considered cash equivalents. The Financial Accounting Standards Board (FASB) defines cash equivalents as highly liquid securities with maturities of less than three months. Liquid securities typically are those that can be sold easily with little or no loss of value.

Other Words for Cash

Cash Noun Synonyms: money, currency, bills, notes, banknotes, change, hard cash or money, specie, coin of the realm, legal tender, moolah, dough, bread, loot, spondulicks or spondulix, lolly, ready, readies, scratch, gelt
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Other Words for Equivalent

Equivalent Adjective Synonyms: tantamount, commensurate, alike, similar, close, comparable, corresponding, interchangeable, equal, synonymous, of a piece or a kind
Equivalent Noun Synonyms: match, equal, peer, counterpart, twin
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Cash and Carry

Business / Finance / Cash and Carry: 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. MORE

Cash Asset Ratio

Business / Finance / Cash Asset Ratio: 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. MORE

Equivalent Bond Yield

Business / Finance / Equivalent Bond Yield: The cost per year of owning an asset over its entire life. MORE

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