cash-rich

cash-rich
cash-rich ˈcash-rich adjective ACCOUNTING COMMERCE
if a company is cash-rich, it has a lot of money available to use immediately:

• Cash-rich pharmaceutical companies are always looking for new opportunities in biotechnology.

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cash-rich UK US adjective
having a lot of cash available to spend: »

It is a cash-rich company, and so has no problems in finding the money needed to bid for its rival.

»

People who are cash-rich but time-poor may prefer the convenience of annual travel insurance which provides unlimited cover for a year.


Financial and business terms. 2012.

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