Usually means: Short-term, highly liquid investments.
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We found 12 dictionaries that define the word cash equivalent:

General (8 matching dictionaries)
  1. cash equivalent: Vocabulary.com
  2. cash-equivalent: Wordnik
  3. cash equivalent: Dictionary.com
  4. cash equivalent: Rhymezone
  5. cash equivalent: FreeDictionary.org
  6. cash equivalent: Mnemonic Dictionary
  7. cash equivalent: TheFreeDictionary.com
  8. cash equivalent: Longman Dictionary of Contemporary English

Business (4 matching dictionaries)
  1. Cash equivalent: bizterms.net
  2. cash equivalent: Financial dictionary
  3. BusinessDictionary.com (No longer online)
  4. Yahoo Tax Center Glossary (No longer online)

(Note: See cash_equivalents as well.)

Definitions from WordNet (cash equivalent)

noun:  a highly liquid debt instrument with maturities of less than three months

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