Cash reserves: Difference between revisions
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The total of cash deposits, short-term bank deposits, money market instruments and Treasury bills. | |||
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An organisation's cash reserves are the back-up funds available to meet its needs for cash, including unanticipated needs and opportunities. | |||
Revision as of 12:08, 13 May 2016
1.
The total of cash deposits, short-term bank deposits, money market instruments and Treasury bills.
2.
An organisation's cash reserves are the back-up funds available to meet its needs for cash, including unanticipated needs and opportunities.
Sometimes also known as 'strategic cash'.
