What is another word for cash equivalent?
Pronunciation: [kˈaʃ ɪkwˈɪvələnt] (IPA) 
Cash equivalent is a term used to describe assets that can be readily converted into cash. Some common synonyms for cash equivalents include liquid assets, marketable securities, and near-cash investments. Liquid assets refer to assets that can be easily converted into cash, such as stocks, bonds, and money market funds. Marketable securities are investments that can be easily bought or sold on the open market. Near-cash investments include short-term debt securities, such as treasury bills and commercial paper, that can be easily converted into cash. These synonyms all refer to assets that are highly liquid and easily converted into cash, making them valuable tools for businesses and investors looking for reliable and flexible sources of funding.
