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Cash Equivalent Cash equivalents are investments that can commonly be converted into cash. The financial investment have to be small-phrase, usually by using a greatest investment decision duration of 90 days.

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The relative identified a "substantial number of cash" within the reward bag, and when Juror #fifty two returned house the juror "quickly called 911 to report the incident," the affidavit stated.

Cash equivalents should also be able to be liquidated to cash; This is why, cash equivalents should be really liquid belongings.

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