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Cash




Cash usually refers to Money in the form of liquid Currency , such as Bill s or Coin s.


ETYMOLOGY

The word comes from '' Kachu '' in the Indian language Tamil .


USAGE

Cash can also refer to Check s, Money Order s, Cashier's Check s, Bank Draft s, or Traveler's Check s. In all these forms, the term indicates the most Liquid form of Asset s, which have a fixed value and can be easily converted to currency. "Cash pay" (as opposed to, e.g., Stock Option s) would almost always be in the form of a check or bank deposit — but the employee can easily get cash per se from the bank.

As a verb, "to cash" an item (such as a check) denotes exchanging the item for cash.


SEE ALSO