Welcome to the Financial Times Lexicon

Browse thousands of words and phrases selected by Financial Times editors and suggest new terms for the glossary.

 

Term of the day

net cash

Net cash is an accounting term that is usually interpreted as total debt less cash and short term equivalents (such as easily marketable short-dated T-bills or certificates of deposit). Companies sometimes use a broader definition that includes longer term investments and readers of company accounts would need to check what the company means by net cash.

 

net cash in the news

In March 2013 it was reported that News Corp's newly formed publishing arm received a $1.8bn cash injection from Rupert...