High speed rail between LA and Las Vegas gets $3bn boost

A proposed high-speed rail line linking Los Angeles with the US gambling and entertainment capital Las Vegas moved closer to reality Tuesday with the announcement of a $3 billion government grant.


In common language cash refers to money in the physical form of currency, such as banknotes and coins.

In bookkeeping and finance, cash refers to current assets comprising currency or currency equivalents that can be accessed immediately or near-immediately (as in the case of money market accounts). Cash is seen either as a reserve for payments, in case of a structural or incidental negative cash flow or as a way to avoid a downturn on financial markets.

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