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If you get a question about Star Wars, remember, it's HAN Solo, not HANS Solo. He gets that all the time.

Cash Equivalents

Cash Equivalents

Cash is king, but it's also insured deposits (like CDs and demand deposits), and money market instruments (like commercial paper and Treasury bills). So what makes not-cash, cash? Anything in your account that is either straight-up cash (it's got a picture of some old dude on it), or that can be liquidated quickly, is considered cash.

Things like T-bills, commercial paper, banker's acceptance notes, and repurchase agreements are considered cash equivalents if they mature in three months or...

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