cash
Sign in to savethumb|Banknotes and coins of various currencies Cash is money in the tangible form of currency, such as banknotes and coins.
AI overview
Cash is money that you can physically hold in your hand, like paper banknotes and coins. It matters because it's a direct and widely accepted way to pay for things without needing banks or electronic systems.
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Article
17 sectionsContents
- Etymology
- History
- Motives of cash holding
- Cash in circulation
- Banknote tracking
- Competition of cash
- Cashless payments
- Digital and virtual currencies
- Costs of payment
- Cash in constitutions
- Austria
- Hungary
- Switzerland
- Slovakia
- See also
- References
- Further reading
thumb|Banknotes and coins of various currencies Cash is money in the tangible form of currency, such as banknotes and coins.
In book-keeping and financial accounting, 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 to avoid a downturn on financial markets.