The phrase "cash hoard" means that someone or a company is keeping a lot of money or cash stored away, typically for future use or as a precaution. Full definition
Apple remains the most valuable company on the planet, with an eye - popping cash hoard of more than $ 250 billion and an all - time high stock price. (theverge.com)
While the ultimate disposition of this future multi-billion dollar cash hoard will be up to the board of the newly combined POT and AGU, my fifteen years of experience with POT's savvy chief financial officer (CFO) Wayne Brownlee gives me confidence that the company's culture is to apply capital to the best benefit of shareholders. (capitalwealthadvisors.com)