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    • Money that an organization can spend today

      • Unrestricted cash or cash and cash equivalents represent the money that an organization can spend today, meaning the money is readily available—or liquid. Unrestricted cash is considered a current asset on the balance sheet since it can be readily accessed and spent in the short term.
      www.investopedia.com/terms/u/unrestricted-cash.asp
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  2. Jul 21, 2021 · Unrestricted cash is cash that's readily available to be spent for any purpose and has not been pledged as collateral for a debt obligation or other...

    • Will Kenton
  3. In other words, amounts generally described as restricted cash or restricted cash equivalents are included on the statement of cash flows along with cash and cash equivalents. As a result, a transfer between restricted and unrestricted cash or cash equivalent accounts is not reported as a cash flow.

  4. Cash meets the definition of a monetary, financial asset. Cash is usually classified as a current asset and includes unrestricted : Negotiable instruments such as money orders, certified cheques, cashiers’ cheques, personal cheques, bank drafts, and money market funds with chequing privileges.

  5. Sep 16, 2023 · What Is Unrestricted Cash? Unrestricted cash alludes to cash that is promptly accessible to be spent for any purpose and has not been pledged as collateral for a debt obligation or other purpose.

  6. Nov 19, 2020 · Restricted cash refers to money that is held for a specific purpose, meaning it's not available for immediate or general business use. Restricted cash appears separately from cash...

  7. Dec 31, 2014 · Unrestricted Cash means cash or cash equivalents of the Company or any of its Subsidiaries that would not appear as “restricted” on a consolidated balance sheet of the Company or any of its Subsidiaries.

  8. Aug 22, 2023 · Cash is the most liquid of the financial assets and is the standard medium of exchange for most business transactions. Cash is usually classified as a current asset and includes unrestricted: Coins and currency, including petty cash funds. Bank accounts funds and deposits.

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