2 prompt payment for goods or services in currency or by check [syn: immediate payment] [ant: credit] v : exchange for cash; "I cashed the check as soon as it arrived in the mail" [syn: cash in]
- , /kæʃ/, k
In bookkeeping and finance, "cash" refers to current assets comprised of currency or currency equivalents that can be accessed immediately or near-immediately (as in the case of money market accounts).
EtymologyThe English word cash is of the French caisse, itself a borrowing of the Provençal caissa. That Provençal word is a derivative of the Latin capsa (box, chest), most likely by way of an unattested Vulgar Latin form *capsea; Spanish caja and Portuguese caixa are their respective languages' reflexes.
From the original sense of a box or a chest, the word came to refer to a sum of money such as was or might be contained in one, and eventually to specie or, with the elimination of metallic standards, banknotes.
This assimilated Tamil word was then applied to various other coins with which European traders came into contact, including the famous holed cash coins of China, the Chinese cash. These coins were commonly strung on cords for use in larger transactions; 1000 equalled a tael.
cash in Czech: Hotové peníze
cash in German: Bargeld
cash in Spanish: Dinero en efectivo
cash in French: Espèces
cash in Italian: Contante
cash in Luxembourgish: Boergeld
cash in Hungarian: Készpénz
cash in Japanese: 現金
cash in Portuguese: Caixa
cash in Russian: Наличные деньги
cash in Simple English: Cash
cash in Swedish: Kontanter
cash in Chinese: 現金
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