|
Definition: Cash has a few definitions.
1.) Hard currency (e.g. dollar bills) 2.) Money in an investment account that isn't currently invested. (This is said to be "in cash"). 3.) A line item on the balance sheet that consists of liquid securities.
StockJargon Advice: As an investor, having all your money in cash for a long period of time isn't a good idea because inflation will eat away at your buying power. However, it's important to have access to some cash at all times for emergencies.
If you're in college, you'll want to have cash readily available for your tuition payments. And if you're nearing retirement, you'll want to have cash available for living expenses.
|
|