- cash pile ˈcash pile noun [countable usually singular] FINANCEanother name for cash mountain:
• The company is sitting on (= has ) a large cash pile that could be used for acquisitions.
* * *cash pile UK US (also cashpile) noun [C, usually singular] (also cash mountain)► INFORMAL FINANCE a large amount of money that a company has, which it can use to buy other companies, assets, etc.: »
The group has a cash pile of more than $88m.»
a $12m/£398m, etc. cashpile»
The bank, which is sitting on a cash pile of £2 billion, has a record of completing successful mergers.
Financial and business terms. 2012.
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pile — Ⅰ. pile UK US /paɪl/ noun [C] ► a large amount of something: »a pile of cash/money »consumers with piles of credit card debt » I have piles of paperwork to finish. ● at the bottom/top of the pile Cf. at the top of the pile → See also … Financial and business terms
cash mountain — ˈcash ˌmountain noun [countable usually singular] FINANCE money that a company has available to spend, for example to buy other companies, or to give to shareholders; = CASH PILE: • The group s cash mountain has shrunk. * * * cash mountain UK US… … Financial and business terms
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