"Excess cash" refers to having more money than needed for immediate expenses or investments. It is the surplus or extra funds that are available after all necessary financial obligations have been met. Full definition
As a result, companies today do not need to spend as heavily on capital investment to grow, leading to the generation of excess cash flow. (hennessyfunds.com)
I've been sitting on about $ 70,000 in excess cash due to my home remodel. (financialsamurai.com)
Today many of the high flyers of 2000 are trading at reasonable valuations and even carry significant amounts of excess cash on the balance sheets. (longtermvalue.wordpress.com)