Originally Posted by
Tennisbum
Interesting. Not to hijack the topic, but do stock certificates count as "cash equivalents"?
As I understand it, anything that can be easily or readily transferrable to cash or used as cash. These would be 'money instruments', such as cash, coins, cashier's checks, money orders, travelers checks, etc.
I believe bearer bonds are included, but I'm not sure about stock certificates or stamps.