Also, cashout. a direct cash payment or a cash profit or remainder:
The store owner lived on a cash-out of fifty dollars a day.
a payment of winnings or a cashing in of chips, as in a casino.
automated-teller machine. noun a cash dispenser
- Cash ratio
noun the ratio of cash on hand to total deposits that by law or custom commercial banks must maintain Also called liquidity ratio
a business machine that indicates to customers the amounts of individual sales, has a money drawer from which to make change, records and totals receipts, and may automatically calculate the change due. Historical Examples She should get away from her seat at that cash-register, and return to the open air. Cavanagh: Forest Ranger Hamlin Garland […]
the nonforfeiture value of a life-insurance policy payable to the insured in cash upon its surrender. Historical Examples And this cash-value, it is needless to say, is verbatim et liberatim what our empiricist account pays in. The Meaning of Truth William James And this cash-value, it is needless to say, is verbatim et literatim what […]