Cash (2024)

FAQs

What is the full meaning of cash? ›

What Is Cash? Cash is legal tender—currency or coins—that can be used to exchange goods, debt, or services. Sometimes it also includes the value of assets that can be easily converted into cash immediately, as reported by a company.

Slang. to die: After her parents cashed in, she lived with her grandmother.

: to settle accounts and withdraw from an involvement (such as a business deal) 2. : to obtain advantage or financial profit.

The English word cash originally meant 'money box', and later came to have a secondary meaning 'money'. This secondary usage became the sole meaning in the 18th century. The word cash comes from the Middle French caisse 'money box', which comes from the Old Italian cassa, and ultimately from the Latin capsa 'box'.

Definition of 'cash in'

If you say that someone cashes in on a situation, you are criticizing them for using it to gain an advantage, often in an unfair or dishonest way. [disapproval]

"C-note" is a slang term for a $100 banknote in U.S. currency. The "C" in C-note refers to the Roman numeral for 100, which was printed on $100 bills, and it can also refer to a century. The term came to prominence in the 1920s and 1930s, and it was popularized in a number of gangster films.

: a girl having the duties of a cashboy.

How can I borrow $500 from Cash App? ›

Cash on hand is considered to be a liquid asset because it can be readily accessed. Cash is a legal tender that a company can use to settle its current liabilities. The money in your checking account, savings account, or money market account is considered liquid because it can be withdrawn easily to settle liabilities.

A general ledger account (GL account) is a primary component of a general ledger. A GL account records all transactions for that account. The transactions are related to various accounting elements, including assets, liabilities, equity, revenues, expenses, gains, and losses.

Petty cash book is a book used in accounting for recording small and repetitive transactions that are of little value. It records small transactions such as postage, telegram, stationery etc.

Cash short occurs when there is not enough cash to meet the amount that was expected/recorded in a company's general ledger. A general ledger is a record-keeping system that businesses use to track their financial transactions and maintain accurate financial records.

cash (noun as in money; assets) Strongest matches. buck currency investment note payment refund reserve security stock supply. Strong matches. banknote bread bullion cabbage coin coinage dinero dough funds pledge principal remuneration resources riches savings scratch skins treasure wampum wherewithal.

Cash now pay later allows you to borrow money for your immediate use, such as meeting personal expenses, financial emergencies, paying a huge hospital bill, etc. Many online money lenders allow you to borrow money at zero or low interest rates to repay the money in equal installments.

cash terms in British English

(kæʃ tɜːmz ) plural noun. business. the terms of a business transaction that is conducted in ready money.