Meaning of cash instrument | Babel Free
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.
This word is part of the CEFR B2 vocabulary — upper intermediate level.