Defined by FASB as short-term, highly liquid investments that are both: (a) readily convertible to known amounts of cash, and (b) so near their maturity that they represent insignificant risk of changes in value because of changes in interest rates.
Barry Goldsmith
| APA | Barry Goldsmith. (2010). cash equivalents. Retrieved September 24, 2026, from http://smartdefine.org/cash_equivalents/definitions/1149536 |
| Chicago | Barry Goldsmith. 2010. "cash equivalents" http://smartdefine.org/cash_equivalents/definitions/1149536 (accessed September 24, 2026). |
| Harvard | Barry Goldsmith 2010, cash equivalents, Smart Define, viewed 24 September, 2026, <http://smartdefine.org/cash_equivalents/definitions/1149536>. |
| MLA | Barry Goldsmith. "cash equivalents" 21 October 2010. Web. 24 September 2026. <http://smartdefine.org/cash_equivalents/definitions/1149536> |