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A cash instrument is a financial asset that is settled in cash or has a direct cash value. Examples include cash, stocks, bonds, and bank deposits. These instruments are typically characterized by their liquidity and the ability to convert them quickly into cash. They are commonly used in financial markets for investment and trading purposes.

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2w ago

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A money order is not considered cash in the traditional sense, but it is a secure form of payment that functions similarly to cash. It is a prepaid instrument that guarantees the amount specified on it, making it a reliable option for transactions. While it can be used like cash for purchases, it must be treated as a negotiable instrument, often requiring the recipient to deposit or cash it at a bank or financial institution.


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Cash is, well, cash: banknotes and/or specie that are, in themselves, recognized as valid legal tender.A "negotiable instrument" is a document promising payment in cash either at a specified time or upon demand. The one most familiar to most people would be a check, though a promissory note and a bill of exchange are also negotiable instruments (a check is a particular form of a bill of exchange).


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