Definition

A way of accounting that records income and expenses only when cash is actually received or paid out.

Example

The company uses a cash accounting method to track its finances.

Conversation

Have you ever heard of cash accounting?

Yeah, it’s interesting how it only includes money that’s actually received.

I think it’s a smart way to manage finances, honestly.

Definitely, it helps avoid overspending based on expected income.

Synonyms & Antonyms

Definition

Money that is in the form of coins or paper bills, used for buying things.

Example

I prefer to pay in cash rather than using a credit card.

Conversation

Do you have any cash on you for the food truck?

I only have a card, but I can use it if they accept it.

I think they only take cash, unfortunately.

Definition

To exchange a cheque or money order for cash, or to pay with cash.

Example

I need to cash my paycheck at the bank today.

Tense Forms

Conversation

Did you remember to cash that check from last week?

No, I totally forgot about it!

You should do it soon, or it might expire.

Root Explanation

Cash → The word 'cash' originates from the French word 'caisse', meaning a box or chest for storing money. It refers to the physical storage of money, which evolved into the term for money itself.

Memory Tip

Think of a 'box' ('caisse') where money is kept — that's how 'cash' came to mean money.

Visually Confused Words