Cash \Cash\, n. [F. caisse case, box, cash box, cash. See Case
a box.]
A place where money is kept, or where it is deposited and
paid out; a money box. [Obs.]
This bank is properly a general cash, where every man
lodges his money. --Sir W.
Temple.
[pounds]20,000 are known to be in her cash. --Sir R.
Winwood.
2. (Com.) (a) Ready money; especially, coin or specie; but also
applied to bank notes, drafts, bonds, or any paper
easily convertible into money. (b) Immediate or prompt payment in current funds; as, to
sell goods for cash; to make a reduction in price for
cash.
Cash account (Bookkeeping), an account of money received,
disbursed, and on hand.
Cash boy, in large retail stores, a messenger who carries
the money received by the salesman from customers to a
cashier, and returns the proper change. [Colloq.]
Cash credit, an account with a bank by which a person or
house, having given security for repayment, draws at
pleasure upon the bank to the extent of an amount agreed
upon; -- called also bank credit and cash account.
Cash sales, sales made for ready, money, in distinction
from those on which credit is given; stocks sold, to be
delivered on the day of transaction.
Source: Webster's Revised Unabridged Dictionary (1913) |