It’s Friday. You wake up to a $15 Cash App notification. A pal paid you back for that pizza you shared. Your balance now reads $172.30. You use your new money to get $1 off coffee with your personalized Cash Card.
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In economics, cash is money in the physical form of currency, such as banknotes and coins.In bookkeeping and finance, cash is current assets comprising currency or currency equivalents that can be accessed immediately or near-immediately (as in the case of money market accounts).Cash is seen either as a reserve for payments, in case of a structural or incidental negative cash flow or as a way ...
Why It Matters. The amount of cash a company holds is very important and has implications for the company's overall operating strategy. For instance, companies with high amounts of cash are better able to get through hard times when sales are low or expenses are particularly high. However, companies with a lot of cash on hand are often takeover targets because their excess cash essentially ...
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Cash in its physical form is the simplest, most broadly accepted and reliable form of payment, which is why many businesses only accept cash. Checks can bounce and credit cards can be declined ...
cash 1 (kăsh) n. 1. Money in the form of bills or coins; currency. 2. Liquid assets including bank deposits and marketable securities. 3. Money paid in currency or by check: paid in cash. tr.v. cashed, cash·ing, cash·es To exchange for or convert into ready money: cash a check; cash in one's gambling chips. Phrasal Verbs: cash in 1. To withdraw from ...
cash in, . to turn in and get cash for (one's chips), as in a gambling casino. to end or withdraw from a business agreement; convert one's assets into cash.
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