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Meaning of cash instrument | Babel Free

Noun CEFR B2

Definitions

A financial instrument that is marketable at close to par under almost all circumstances.

Examples

“In a liquidity crisis, some securities lose their claim to being cash instruments.”

CEFR level

B2
Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.
See all B2 English words →

See also

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