cash equivalent Meaning in Cambridge Business English Dictionary
Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

Meaning of "cash equivalent" - Business English Dictionary

cash equivalent

noun [C]
 
 
MONEY an amount of money that has the same value as something: The insurance policy states that the insurer will endeavour to replace your lost or damaged goods rather than offer a cash equivalent.
[often plural] ACCOUNTING, FINANCE money in a company's bank accounts and other assets that can easily be changed into money: The company believes that its existing cash and cash equivalents are sufficient to meet their cash requirements during the next twelve months.
(Definition of cash equivalent from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of cash equivalent?
Add Cambridge dictionaries to your browser to your website
Word of the Day
follow

If you follow a particular person on Twitter� (= a website where people can publish short remarks or pieces of information), you choose to see the messages that that person posts (= publishes) on the website.

Word of the Day

July 4th, Bastille Day, and the language of revolution.
July 4th, Bastille Day, and the language of revolution.
by Liz Walter,
July 01, 2015
With America’s Independence Day on the 4th and France’s Bastille Day on the 14th, July certainly has a revolutionary theme, so this blog looks at words and phrases we use to talk about the dramatic and nation-changing events that these days celebrate. In particular, it focuses on one of the most important

Read More 

burger noun
burger noun
June 29, 2015
a menu on a computer screen comprising three short parallel horizontal lines which the user clicks to see options Definitely use a burger. You could put the settings in the burger menu too. Fix the settings to the bottom of the burger menu and use a vertically scrolling contact list that scrolls behind

Read More