Cash Meaning: Definition, Examples, and Translations
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cash
[kæʃ ]
Definitions
financial
Money in the form of coins or banknotes, especially that issued by a government.
Synonyms
Which Synonym Should You Choose?
| Word | Description / Examples |
|---|---|
| cash |
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.
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| money |
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.
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| currency |
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.
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| bills |
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.
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Examples of usage
- Cash is still widely used for transactions.
- Please pay in cash.
transaction
Give or obtain notes or coins for (a check or money order).
Synonyms
Which Synonym Should You Choose?
| Word | Description / Examples |
|---|---|
| cash |
This second instance could be an error, as it repeats the first. Please use it the same way as the first 'cash'.
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| exchange |
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.
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| convert |
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.
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| redeem |
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.
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Examples of usage
- He cashed a cheque at the bank.
- Don't forget to cash your paycheck.
Translations
To see the translation, please select a language from the options available.
Interesting Facts
Economic History
- In ancient times, forms of cash included shells, beads, and even livestock, which served as currency.
- The introduction of coins in 600 BC in Lydia (modern-day Turkey) marked a significant evolution in cash use.
Pop Culture
- Cash has been prominently featured in songs such as Johnny Cash's 'Cash' and has become a synonym for wealth in film and literature.
- The concept of cash is often seen in gambling and banking movies, highlighting its role in high stakes and risky endeavors.
Modern Usage
- Today, cash is gradually being replaced by digital currency and electronic payments in many parts of the world.
- Despite the rise of credit cards and mobile payments, cash usage remains significant, especially in small businesses and rural areas.
Psychology
- Studies show that people tend to spend less when using cash compared to credit cards, showcasing a psychological barrier to physical money.
- Handling cash can create a tangible connection to spending, often prompting consumers to be more conscious of their purchases.
Origin of 'cash'
Main points about word origin
- The word 'cash' comes from the French 'caisse', meaning 'box' or 'case', where money was kept.
- In English, 'cash' was used around the 17th century to describe ready money as opposed to credit or promise.
The word 'cash' originated in the mid-16th century and is derived from the Middle French word 'caisse', meaning 'money box'. It has been used to refer to physical money in the form of coins or banknotes issued by a government for centuries. The concept of cash has evolved over time, from early forms of currency to the modern coins and paper money we use today.