cash equivalent Meaning in the Cambridge English Dictionary

Meaning of “cash equivalent” in the English Dictionary

"cash equivalent" in Business English

See all translations

cash equivalentnoun [C]

uk   us  
MONEY an ​amount of ​money that has the same ​value as something: The ​insurancepolicystates that the ​insurer will endeavour to ​replace your ​lost or ​damagedgoods rather than ​offer a ​cashequivalent.
[often plural] ACCOUNTING, FINANCE money in a company's ​bankaccounts and other ​assets that can easily be ​changed into ​money: The ​company believes that its existing ​cash and ​cashequivalents are sufficient to ​meet their ​cashrequirements 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

“cash equivalent” in Business English

Word of the Day

nothing of the kind

used to emphasize a negative statement

Word of the Day

There is no such thing as a true synonym in English. Discuss!
There is no such thing as a true synonym in English. Discuss!
by Kate Woodford,
November 25, 2015
In the Cambridge Advanced Learner’s Dictionary the word ‘synonym’ is defined as ‘a word or phrase that has the same or nearly the same meaning as another word or phrase in the same language’. As you might expect, definitions for this word are broadly similar in other dictionaries and yet the italicized

Read More 

climatarian adjective
climatarian adjective
November 23, 2015
choosing to eat a diet that has minimal impact on the climate, i.e. one that excludes food transported a long way or meat whose production gives rise to CO2 emissions Climate change is not normally on people’s minds when they choose what to have for lunch, but a new diet is calling for

Read More