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Cash Transaction |
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Cash Transaction A transaction that is settled with cash on the same day as the trade. Notes: Settling a trade using the cash transaction method differs from settling a contract on the settlement date, which in some cases involves agreeing on a price on the trade date but transferring payment on some date in the future (known as the settlement date). A cash transaction requires all aspects of a trade including delivery of payment to be finalized on the trade date. Cash transaction A transaction in which exchange is immediate in the form of cash, unlike a forward contract (which calls for future delivery of an asset at an agreed-upon price). |
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? Mentioned in | ? References in periodicals archive | |
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Hialeah, Florida and substantially all of the assets of Sweet Paper Group, a privately-held wholesale distributor of janitorial and sanitation, paper, and foodservice products, in a cash transaction. 6 million in assets) in a cash transaction The combined company is later renamed OneUnited Bank. Air Products, a global diversified gases and chemicals company, has acquired the Electronic Chemicals business of Ashland Specialty Chemical, a division of Ashland, in a cash transaction valued at approximately $300 million. |
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