Cash on the barrelhead
Immediate payment, as in They won’t extend credit; it’s cash on the barrelhead or no sale. The lexicographer Charles Earle Funk surmised that this term originated in the days when upended barrels served as both seats and tables in bars, and customers were required to pay for their drinks immediately, literally putting their money on the top (head) of a barrel.
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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. cash-in.
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automated-teller machine. noun a cash dispenser
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- Cash-value
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 […]