👉 In accounting and finance, a "cashable" item is one that can be converted into money or another form of financial asset. In other words, it's an asset that can be used to pay off a debt or invest in another investment vehicle. This could include items like stocks, bonds, real estate, or any other type of financial instrument. The term "cashable" is often associated with cash equivalents because it implies that such assets are considered safe and liquid for use as funds for future