CASH EQUIVALENT

Pronunciation (US):

(GB):

 I. (noun) 

Sense 1

Meaning:

A highly liquid debt instrument with maturities of less than three months

Classified under:

Nouns denoting possession and transfer of possession

Hypernyms ("cash equivalent" is a kind of...):

certificate of indebtedness; debt instrument; obligation (a written promise to repay a debt)

Hyponyms (each of the following is a kind of "cash equivalent"):

commercial paper (an unsecured and unregistered short-term obligation issued by an institutional borrower to investors who have temporarily idle cash)

Credits