How is "cash" defined?

Cash is funding coming directly from the university; this shows us that there is institutional investment in the proposal. Cash that was not already allotted and is being designated by the university as new support for human resources in direct response to the proposal, like stipends or honoraria, does count as cash. Additionally, equipment purchased specifically for an initiative may be included in the cash match, whereas equipment already owned may not. Cash need not be from an external source.