Today's Market

updated Moments ago Sponsored by:
DOW 16,725.17 -79.54 -0.47%
S&P 500 1,938.25 -7.91 -0.41%
NASD 4,395.70 -26.39 -0.60%

Community: Investing Wiki

Term Of The Hour

cash equivalent statement: Original post by Wanda Thibodeaux of Demand Media A checking account is a cash equivalent reported by most companies. http://photos2.demandstudios.com/DM-Resize/photos.demandstudios.com/getty/article/110/102/92572372.jpg?w=700&h=700&keep_ratio=1 Thinkstock/Comstock/Getty Images A financial statement is a formal document companies use to show all of their assets. Two assets companies must…

Want to learn more or edit this definition?
Click here to read more!