Cash refers to coins and currencies, as you might expect. In accounting terms, it also includes plus deposits held in financial institutions and checks to be deposited in those same institutions, that ...
Cash equivalents include any items that can be used as cash or converted to cash quickly. Foreign currency and money orders are common examples. As a small business, you'll come across the term in two ...
Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Khadija Khartit is a strategy, investment, and funding expert, and an educator of fintech ...
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