Cash transaction

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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).

Cash Transaction

Any transaction that does not occur on the futures or forward market. That is, the participants in a cash transaction agree to buy and sell, respectively, at the present market value and to settle the transaction a few (usually three or fewer) days later. Technically, there is no difference between a cash transaction and a spot transaction, but the latter term is more common on the foreign exchange market.
References in periodicals archive ?
Thomas Pierini was a cash sales trader at Pali Capital, where he spent 18 months and was previously at Bear Stearns.
The CBI holds 5 auction sessions per week, beginning on Sunday and ending on Thursday, charging an interest of 13 dinars per dollar for its cash sales and another 13 dinars per dollar for its foreign transfers.
1Q03 Financial Results 4Q02 % 4Q01 (thousands) Change (thousands) Pesos* US$** Pesos US$ Sales Cash Sales 37,881 3,518 50% 25,254 2,345 Total Sales*** 38,575 3,583 33% 28,991 2,693 Operating Costs Cash Operating Costs 24,093 2,238 46% 16,482 1,531 Total Operating Costs 24,787 2,302 23% 20,219 1,878 EBITDA 13,788 1,281 57% 8,772 815 Todito's Annual Financial Results are audited by PricewaterhouseCoopers, S.
The company charges a low 5% commission on cash sales when, and if, a member withdraws the cash.
Cash sales are higher than recorded revenues as Tracker recognizes these cash sales on a straight-line basis over the term of service offered.
The CBI holds 5 auction sessions each week, beginning on Sunday and ending on Thursday, for the sale and purchase of foreign currencies, charging 13 dinars per dollar for its cash sales, along with 13 dinars per dollar for its foreign transfers.
Mike Magolnick, IMCG's Chief Operating Officer stated, "We are pleased to be moving forward with our plans and believe that we are positioned to take full advantage of our renewed commitment to retail cash sales.
Today's auction was distributed on cash sales for 7,560,000 dollars, at an average rate of 1,183 dinars per dollar, including the CBI's commission of 13 dinars per dollar," the bulletin pointed out.
of Richmond Hill, Ontario acted as agents in the Offering and received aggregate cash sales commissions of $142,950 representing 7.
The cash sales price received was approximately $18.
ChannelAdvisor customers can easily communicate business events such as inventory updates, shipment requests, and cash sales from and to their ChannelAdvisor solution.