Cash on Hand

Cash on Hand

Cash on Hand refers to cash held by the Borrower outside of a financial institution. Cash Reserves from all financial institutions. Such accounts include, but are not limited to, the following: • brokerage, mutual funds, checking, savings, money market or certificate of deposits, other depository accounts, and stocks; • other equity instruments such as marketable debt of federal, state, or local governments, Government-Sponsored Enterprises, corporations, and other businesses; and • other securities and commodities (including futures, traded on an exchange or marketplace generally available to the public) for which values can be readily verified