Common assets considered for investment include bank certificates of deposit (CDs), savings accounts and other fixed - income investments. (investopedia.com)
They offer quick access to funds without penalties for early withdrawal, unlike bank certificates of deposit, and better yields than banks typically pay. (palisadeshudson.com)
Specifically, cash is highly liquid (meaning you can convert it into money in hand without much delay or hassle) and broadly includes relatively short term bank certificates of deposit, bank accounts, and money market accounts that can currently return up to 1 to 2 % annually (as of November 2017). (mindfullyinvesting.com)