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an account in which all transactions are in money.
Finance. an account in which purchases are paid for in full, as distinguished from purchasing on credit or margin.


Read Also:

  • Cash-and-carry

    sold for cash payment and no delivery service. operated on such a basis: a cash-and-carry business. Historical Examples In many of the cities and large towns, some credit grocers have adopted what is called the “cash-and-carry plan.” Woman’s Institute Library of Cookery, Vol. 5 Woman’s Institute of Domestic Arts and Sciences adjective, adverb sold or […]

  • Cash-audit

    an audit confined to cash transactions for a prescribed period, for the purpose of determining the amount of cash on hand or on deposit in a bank.

  • Cash-basis

    a method of recording income and expenses in which each item is entered as received or paid.

  • Cash-book

    a book in which to record money received and paid out. Historical Examples A cash-book was used in keeping accounts, and about one-third of their customers were white people. The Negro at Work in New York City George Edmund Haynes The proprietor kept a cash-book which he balanced once a week. The Negro at Work […]

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