Cash equivalents
In accounting, cash equivalents means short-term, highly liquid investments readily convertible to known cash amounts, with an original maturity of three months or less — treasury bills, money market funds.
- Layer
- Lexicon
- Defined in
- Lexicon
- Nearby
- 3
Authority
This definition follows ASC 230-10-20.
Every citation in this system, with the text we read and the date we checked it, is in US GAAP and where these rules come from.
Cash equivalents, in use
Quoted from the document that use the word — what it does to an interface, in the spec's own sentence.
Opening cash + Net change in cash = Closing cash, and closing cash, cash equivalents and restricted cash equal the balance sheet lines that hold them.
Statement semantics — 1. The three statements, and how they connect
For founders
The same idea written for a founder: what it costs a startup that ignores it, and what to do in a real month.
What it is not called
Each of these is a real word for a different thing. Using it here is what makes a product read as though it was built by someone who has not done the work.
- cash unqualified
Nearby in the catalog
No component names this concept outright. These are the ones in its part of the system, which is a weaker claim — but a component nothing links to is a component nobody finds.
Also in Cash
Defined in Lexicon. This page is generated from that document, so the two cannot disagree.