cash sale


cash sale
A sale made for cash, rather than on credit terms. Cash sales should be entered in the cash book rather than the sales day book

Accounting dictionary. 2014.

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  • cash sale — ➔ sale * * * cash sale UK US noun [C] ► COMMERCE, ACCOUNTING an occasion when something is sold and payment is made immediately: »They may offer a discount for a quick cash sale. »Cash coming into the business will include cash sales, credit… …   Financial and business terms

  • cash sale — see sale Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 …   Law dictionary

  • cash sale — A sale for money in hand. A sale conditioned on payment concurrent with delivery. Weyerhaeuser Timber Co. v. First Nat. Bank, 150 Or. 172, 43 P.2d 1078, 1081. + cash sale A transaction whereby payment is to be in full on receipt of the goods. A… …   Black's law dictionary

  • cash sale — A sale for money in hand. A sale conditioned on payment concurrent with delivery. Weyerhaeuser Timber Co. v. First Nat. Bank, 150 Or. 172, 43 P.2d 1078, 1081. + cash sale A transaction whereby payment is to be in full on receipt of the goods. A… …   Black's law dictionary

  • cash sale — A sale by the terms of which payment of the purchase price and delivery of the goods sold are to be concurrent. Western Seed Marketing Co. v Pfost, 45 Idaho 340, 262 P 514; a sale for the money in hand. Upon such a sale the owner is not bound to… …   Ballentine's law dictionary

  • cash sale — / kæʃ seɪl/ noun a transaction paid for in cash …   Marketing dictionary in english

  • cash sale — / kæʃ seɪl/ noun a transaction paid for in cash …   Dictionary of banking and finance

  • cash sale/settlement — transaction in which a contract is settled on the same day as the trade date, or the next day if the trade occurs after 2:30 p.m. EST and the parties agree to this procedure. Often occurs because a party is strapped for cash and cannot wait until …   Financial and business terms

  • sale — n 1 a: the transfer of title to property from one party to another for a price; also: the contract of such a transaction see also short 1 2 compare barter, donation …   Law dictionary

  • cash — cash1 [kash] n. [MFr casse < OFr < OIt cassa < L capsa: see CASE2] 1. money that a person actually has, including money on deposit; esp., ready money 2. bills and coins; currency 3. money or its equivalent, as a check or money order,… …   English World dictionary