noun
cash and deposits; cash equivalent
Financial term referring to the sum of cash on hand and bank deposits, often used in accounting or corporate finance contexts.
企業の現預金は、貸借対照表の流動資産に計上される。
A company's cash and deposits are recorded under current assets on the balance sheet.
現預金残高が十分にあれば、急な支出にも対応できる。
If the cash and deposit balance is sufficient, you can handle sudden expenses.
預金 means bank deposits only; 現預金 is the broader category covering both cash and deposits.
Compound of 現 (げん, 'cash') and 預金 (よきん, 'deposits'). The reading is a straightforward combination of the two components.