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advances

corrected for cash advances

Cash usually refers to money in the form of liquid currency, such as bills or coins.

Etymology

The word comes from kachu in the Indian language Tamil. Or commonly 'a' persons surname; i.e. (Forename) Cash.

Usage

Cash can also refer to checks, money orders, cashier's checks, bank drafts, or traveler's checks. In all these forms, the term indicates the most liquid form of assets, which have a fixed value and can be easily converted to currency. "Cash pay" (as opposed to, e.g., stock options) would almost always be in the form of a check or bank deposit — but the employee can easily get cash per se from the bank.

As a verb, "to cash" an item (such as a check) denotes exchanging the item for cash.

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This article is licensed under the GNU Free Documentation License. It uses material from the Wikipedia article "cash".