For purposes of the statements of cash flows, the Company considers all highly
liquid investments purchased with an original maturity of three months or less to be cash equivalents.
Not exact matches
Cash Equivalents — Cash equivalents consist of highly
liquid short - term
investments with original maturities of three months or less at the time of
purchase.
Cash and cash equivalents include all cash balances and highly
liquid investments with original maturities of three months or less from the date of
purchase.
Money market mutual funds typically
purchase highly
liquid investments with varying maturities, so there is cash flow to meet investor demand to redeem shares.
Fund units can be
purchased or sold easily, offering a
liquid form of
investment, assuring ready access to capital in the case of an emergency.
They're fairly
liquid, can be
purchased like stocks, and will provide you returns through dividends and appreciation of your original
investment.