Cash
/kæʃ/
Definitions
- (n.) Physical currency such as coins and banknotes used as a medium of exchange.
The store only accepts cash payments.
- (n.) Funds readily available for use, including currency and demand deposits.
The company increased its cash reserves this quarter.
Forms
- cashes
Related terms
See also
Commentary
In legal contexts, distinguish 'cash' (physical currency) from other forms of liquid assets or electronic funds.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.