Cash word meaning and definition

[noun] prompt payment for goods or services in currency or by check
[noun] money in the form of bills or coins
[verb] exchange for cash; "I cashed the check as soon as it arrived in the mail"

\Cash\, n. [F. caisse case, box, cash box, cash. See {Case} a box.] A place where money is kept, or where it is deposited and paid out; a money box. [Obs.] This bank is properly a general cash, where every man lodges his money. --Sir W. Temple. [pounds]20,000 are known to be in her cash. --Sir R. Winwood. 2. (Com.)
(a) Ready money; especially, coin or specie; but also applied to bank notes, drafts, bonds, or any paper easily convertible into money.
(b) Immediate or prompt payment in current funds; as, to sell goods for cash; to make a reduction in price for cash. {Cash account} (Bookkeeping), an account of money received, disbursed, and on hand. {Cash boy}, in large retail stores, a messenger who carries the money received by the salesman from customers to a cashier, and returns the proper change. [Colloq.] {Cash credit}, an account with a bank by which a person or house, having given security for repayment, draws at pleasure upon the bank to the extent of an amount agreed upon; -- called also {bank credit} and {cash account}. {Cash sales}, sales made for ready, money, in distinction from those on which credit is given; stocks sold, to be delivered on the day of transaction. Syn: Money; coin; specie; currency; capital.
\Cash\, v. t. [imp. & p. p. {Cashed}; p. pr. & vb. n. {Casing}.] To pay, or to receive, cash for; to exchange for money; as, cash a note or an order.
\Cash\, v. t. [See {Cashier}.] To disband. [Obs.] --Garges.
\Cash\, n.sing & pl. A Chinese coin. Note: The cash (Chinese tsien) is the only current coin made by the chinese government. It is a thin circular disk of a very base alloy of copper, with a square hole in the center. 1,000 to 1,400 cash are equivalent to a dollar.

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