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English definition of “cash pile”

cash pile

noun [C, usually singular] ( also cashpile)
 
 
( also cash mountain)
informal FINANCE a large amount of money that a company has, which it can use to buy other companies, assets, etc.: The group has a cash pile of more than $88m. a $12m/£398m, etc. cashpile The bank, which is sitting on a cash pile of £2 billion, has a record of completing successful mergers.
(Definition of cash pile from the Cambridge Business English Dictionary © Cambridge University Press)
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