cash account

cash account
Cash Cash (k[a^]sh), 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.] [1913 Webster]

This bank is properly a general cash, where every man lodges his money. --Sir W. Temple. [1913 Webster]

[pounds]20,000 are known to be in her cash. --Sir R. Winwood. [1913 Webster]

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. [1913 Webster]

{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. [1913 Webster]


The Collaborative International Dictionary of English. 2000.

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Look at other dictionaries:

  • Cash account — Cash Cash (k[a^]sh), 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.] [1913 Webster] This bank is properly a general cash, where every man lodges… …   The Collaborative International Dictionary of English

  • Cash Account — In the ESES context, a cash account opened by a Settlement Bank with a central bank in accordance with the Cash Account Documentation, which is operated by the Euroclear CSDs on behalf of the relevant Central Bank in connection with the use of… …   Financial and business terms

  • cash account — A brokerage account that settles transactions on a cash rather than credit basis. Bloomberg Financial Dictionary * * * cash account cash account ➔ account1 * * * cash account UK US noun [C] ► BANKING, FINANCE an account that a customer has in… …   Financial and business terms

  • cash account — noun an account with a securities brokerage whose transactions are settled on a cash basis • Ant: ↑margin account • Hypernyms: ↑brokerage account • Hyponyms: ↑custodial account * * * noun 1 …   Useful english dictionary

  • Cash Account — In the ESES context, a cash account opened by a Settlement Bank with a central bank in accordance with the Cash Account Documentation, which is operated by the Euroclear CSDs on behalf of the relevant Central Bank in connection with the use of… …   Euroclear glossary

  • Cash Account Documentation — In the ESES context, the contractual arrangements between any central bank and each Settlement Bank that is the holder of a Cash Account opened in the books of that central bank, specifically governing the opening and the holding of Cash Accounts …   Financial and business terms

  • Cash Account Documentation — In the ESES context, the contractual arrangements between any central bank and each Settlement Bank that is the holder of a Cash Account opened in the books of that central bank, specifically governing the opening and the holding of Cash Accounts …   Euroclear glossary

  • Cash Account — A regular brokerage account in which the customer is required by Regulation T to pay for securities within two days of when a purchase is made. This is the basic, plain vanilla account where you deposit cash to buy stocks, bonds, mutual funds,… …   Investment dictionary

  • cash account — /ˈkæʃ əkaʊnt/ (say kash uhkownt) noun 1. current account. 2. Bookkeeping a record kept of cash transactions …  

  • cash account — 1. an account in which all transactions are in money. 2. Finance. an account in which purchases are paid for in full, as distinguished from purchasing on credit or margin. * * * …   Universalium

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