Restricted Cash

Accounting Terms Dictionary

Select a letter below to view all accounting terms that begin with that letter.

Restricted Cash

Money set aside to pay a bill you know you will be receiving in the future.

Susan’s company bought a $500,000 machine. She has set aside a $500,000 bank CD so she will be able to pay the bill when it is received. The bank CD (certificate of deposit) would be considered restricted cash.

There is currently no content classified with this term.

Get instant access to step-by-step instructions on how to apply and sit for the CPA Exam.

Expected or Past Undergrad Graduation Date*

When Do You Plan to Start Studying?