HyperDicEnglishCASH ... cash equivalent

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Related WikiPedia: cash equivalent
English 1 sense of the expression cash equivalent:
NOUNpossessioncash equivalenta highly liquid debt instrument with maturities of less than three months
Englishcash equivalent: 1 sense noun 1, possession
MeaningA highly liquid debt instrument with maturities of less than three months.
Narrowercommercial paperAn unsecured and unregistered short-term obligation issued by an institutional borrower to investors who have temporarily idle cash
Broaderdebt instrument, obligation, certificate of indebtednessA written promise to repay a debt

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