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    Two Definitions of Cash

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    What are the two definitions of cash, and why do corporate treasurers often use the second definition?

    © BrainMass Inc. brainmass.com June 3, 2020, 11:06 pm ad1c9bdddf

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    The first definition of cash is money comprising of bills and coins. The other definition is cash is money comprised of bills, coins and short-term, highly liquid ...

    Solution Summary

    This solution discusses two definitions of cash.