Cash

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DEFINITION of 'Cash'

Legal tender or coins that can be used in exchange goods, debt, or services. Sometimes also including the value of assets that can be converted into cash immediately, as reported by a company.

BREAKING DOWN 'Cash'

This usually includes bank accounts and marketable securities, such as government bonds and banker's acceptances.

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RELATED FAQS
  1. Which is better a cash dividend or a stock dividend?

    The purpose of dividends is to return wealth back to the shareholders of a company. There are two main types of dividends: ... Read Full Answer >>
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    If you have ever looked over a company's balance sheet, you have no doubt noticed the first account under the current asset ... Read Full Answer >>
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