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cash equivalent

   Also found in: Financial, Wikipedia 0.02 sec.
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.cash equivalent - a highly liquid debt instrument with maturities of less than three months
certificate of indebtedness, debt instrument, obligation - a written promise to repay a debt
commercial paper - an unsecured and unregistered short-term obligation issued by an institutional borrower to investors who have temporarily idle cash


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81% share in Spanish oil company Repsol YPF, or the cash equivalent.
When the food drive began in 1993, the hilltop church received fewer than 3,000 cans - or the cash equivalent of two cans per dollar raised.
Instead, they must either use the days or have the employer automatically contribute the cash equivalent to the retirement plan.
 
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