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2 definitions found
 for Cash account
From The Collaborative International Dictionary of English v.0.48 :

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

From WordNet (r) 3.0 (2006) :

  cash account
      n 1: an account with a securities brokerage whose transactions
           are settled on a cash basis [ant: margin account]

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