cash instrument
cash instrument · cash instruments
A financial instrument that is marketable at close to par under almost all circumstancesA financial instrument that is marketable at close to par under almost all circumstances.
Meaning
1 sensesA financial instrument that is marketable at close to par under almost all circumstances.
In a liquidity crisis, some securities lose their claim to being cash instruments.
Forms
plural: cash instruments| Singular | cash instrument |
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| Plural | cash instruments |
regular