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词汇 cash-equivalent
释义 cash equivalent
noun[ C ]
ukus
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.

Examples of cash equivalent


cash equivalent
If the item is deemed cashequivalent, then the taxpayer has income.
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They also provided an opportunity to diversify one's cashequivalent holdings.
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Cashequivalent (of the food weight) may also be given if food collection and distribution is unavailable in that particular country.
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In addition, the court found that a promissory note is not necessarily a cashequivalent.
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It can be used as payment for brideprice, funeral feasts and compensation, as well ordinary purposes as a cashequivalent.
From
Wikipedia

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If the cattle are cash equivalents, the stick will also be its cashequivalent.
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It can be used as payment for bride price, funeral feasts and compensation, with the shell-money having a cashequivalent value.
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Wikipedia

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The settlement provides for the cashequivalent of a 10 basis-point reduction (0.1 percent) of swipe fees charged to merchants for a period of eight months.
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Wikipedia

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The court rejects this argument, that no obligation can be found to be a cashequivalent unless there is a negotiable instrument, as too unrealistic and formalistic.
From
Wikipedia

This example is from Wikipedia and may be reused under a CC BY-SA license.
These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.
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