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.
A company's cash and deposits are recorded under current assets on the balance sheet.
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.