Definition
Ready money. For accounting purposes, cash includes money in hand, petty cash, bank account balance, customer checks, and marketable securities. It may also include the unutilized portion of an overdraft facility or line of credit.
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Business Tips
When Should Companies Buy Back Shares
There is only one combination of facts that makes it advisable for a company to repurchase its shares: First, the company has available funds -- cash plus sensible borrowing capacity -- beyond the nea ... Read more
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