A short-term security that is sufficiently liquid that it may be considered the financial equivalent of cash.
Found on
http://www.encyclo.co.uk/local/20047
The proportion of a fund's assets held in cash or short-term, fixed-income securities. Too much cash in an equity fund's portfolio can be a drag on performance. At the same time, cash can also be used by cautious managers to preserve capital in a down market. It is also used to take advantage of buying opportunities and to meet shareholder redempti......
Found on
http://www.encyclo.co.uk/visitor-contributions.php
noun a highly liquid debt instrument with maturities of less than three months
Found on
https://www.encyclo.co.uk/local/20974
No exact match found.
