Cash: meaning, definitions and examples

This refers to physical money such as coins and paper bills. It's most commonly used in situations where actual, tangible money is being exchanged.

• I paid for the groceries in cash
• The street vendor only accepts cash

This is the broadest term for anything that serves as a medium of exchange. It can refer to cash, digital balances, checks, etc. It's used in everyday language and can be employed in both formal and informal contexts.

• I need to save more money
• How much money do you have in your bank account?

This refers to the system of money in general use in a particular country. It's a broader term encompassing all forms of money, both physical and digital, and is often used formally or in financial contexts.

• The exchange rate for foreign currency fluctuates daily
• Each country has its own currency

In the context of money, this usually refers to paper money, especially larger denominations. It can also mean the expenses or invoices one has to pay regularly, like utility bills.

• He pulled out a stack of bills from his wallet
• Don't forget to pay the electricity bills this month

This second instance could be an error, as it repeats the first. Please use it the same way as the first 'cash'.

• I need some cash to pay for the groceries.
• Do you have enough cash for the taxi?

Use this word when discussing the action of trading one item or currency for another. It can be used in both casual and formal situations.

• Where can I exchange my dollars for euros?
• The market allows you to exchange goods and services easily.

This term is most suitable when talking about changing one form of value or currency into another, usually in a more technical or financial context.

• I need to convert my dollars to euros before traveling.
• You can convert your points into rewards on our website.

This term is best when referring to using something like a coupon, voucher, or points to get a reward or a financial benefit. It is often used in marketing or promotional contexts.

• You can redeem your coupon at any of our stores.
• I redeemed my frequent flyer points for a free flight.