cash equivalent

基本解释

It is cash or cash equivalent, which is subject to no limitation when it is used to exchange other assets or to pay off the liabilities as of the balance sheet date.
自资产负债表日起一年内，交换其他资产或清偿负债的能力不受限制的现金或现金等价物。
fairylaw.com
The demo account utilises and provides only a hypothetical (notional) credit amount that is a cash equivalent only and has no intrinsic or actual cash or other value.
示范账户仅利用和提供虚拟（名义）的贷记金额，其仅为现金等价物，并无内在或实际的现金价值或其他价值。
The cash equivalent valuation is the product of "asset future benefit".
资产现值计价是资产“未来经济利益观”的产物。

Many banks have been running on the cash equivalent of fumes during the financial crisis.
NPR: Stocks Turn Higher As Market Assesses Economy
Conversely, the only asset class that can continually deliver positive returns is cash or cash equivalent investments.
FORBES: Investors Need To Make Money, Not Beat Benchmarks
That move reduced all equity and high-yield bond exposure, creating 50% cash or cash equivalent allocations across all portfolios.
FORBES: Take A Lesson From 2007, Sell Stocks Now