To be even more specific though, "cash equivalent" and the sorts of treasuries that implies are specifically short-duration ones (ie. this cash cannot be parked in a 10-year US treasury either)
Cash equivalents are short-term commitments "with temporarily idle cash and easily convertible into a known cash amount"
To be even more specific though, "cash equivalent" and the sorts of treasuries that implies are specifically short-duration ones (ie. this cash cannot be parked in a 10-year US treasury either)
Cash equivalents are short-term commitments "with temporarily idle cash and easily convertible into a known cash amount"
https://en.wikipedia.org/wiki/Cash_and_cash_equivalents