Cash Asset | What is a cash asset? | Accounting Question

Cash Asset

Cash Asset | What is a Cash Asset?

(1) An asset that can be converted into cash immediately, such as bank account balances and marketable securities.

(2) An asset that provides liquidity to a portfolio. In Russell Performance Attribution (RPA), cash assets are used to ensure that all day-weighted entries are correctly balanced.

Related to Cash Asset:

• Geographical Hedge Fund Guides
• Hedge Fund Employment Guide
• Financial Certification
• Investment Book
• Hedge Fund Terms and Definitions

Tags: Cash Asset, cash assets, what is a cash asset, what are cash assets, accounting cash assets, non cash asset, asset to cash, assets to cash, asset allocation cash