Dictionary of Business Terms: marketable securities
marketable securities
securities that are easily sold. On a corporation's balance sheet, they are assets that can be readily converted into cash-for example, government securities, banker's acceptances, and commercial paper.
Dictionary of Finance and Investment Terms: marketable securities
marketable securities
securities that are easily sold. On a corporation's balance sheet, they are assets that can be readily converted into cash-for example, government securities, banker's acceptances, and commercial paper. In keeping with conservative accounting practice, these are carried at cost or market value, whichever is lower.
