Cash Equivalent short term, highly liquid investments that are both (a) readily convertible to known amounts of cash, and (b) so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Investments with original maturities of three months or less qualify under this definition. What is Cash Equivalent , What does mean Cash Equivalent , Insurance Guide, Insurance Glossary
Fees Payable fees incurred but not yet paid. What is Fees Payable , What does mean Fees Payable , Insurance Guide, Insurance Glossary