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 ?
And each cash sale means one less mortgage origination.
Overall, BKFS found that in the first quarter of 2016, cash sales declined to 35 percent of home sales, compared with 37 percent in the first quarter of 2015.
Current draw cash sales for fiscal year 2016, which ends June 30, are at $88.
Overthepast 10 quarters cash sales have accounted for 39 percent of all home sales on average, and institutional investor purchases have accounted for 5.
In the first quarter of 2010, cash sales represented 19 percent of all single-family home sales in Massachusetts.
The association, known as the CLA, whose members own and manage more than 250 different types of rural business, wants the Government to legislate to ban cash sales of scrap metal.
The company claims the growth in cash sales had more than offset the reduction in demand from the Post Office resulting from an increasing number of benefit payments being paid directly into bank accounts.
Ari Nathan was a cash sales trader at Pali Capital, where he spent 11 years and previously was at Cantor Fitzgerald.
Canacol" or the "Corporation") is pleased to provide the following update concerning the Nispero 1 gas discovery, the doubling of its gas drilling program for the remainder of 2016, and an increase of 9% in Corporate cash sales to 19,440 barrels of oil equivalent per day (boepd) for the month of July 2016 compared to the average cash sales of 17,817 boepd for the quarter of April 1 to June 30, 2016.
The company said cash sales made up 28 percent of all third-quarter single-family home sales.
The CBI's cash sales on Monday had reached 29 millions and 500,000 US dollars, including the Bank's interest of 13 dinars per dollar, whilst the foreign transfers had reached 169 millions and 500,000 dollars, on an exchange rate of 1,183 dinars per dollar, including the Bank's interest of 13 dinars per dollar," the bulletin pointed out, adding that none of the 22 banks that shared in today's auction had offered a single dollar for sale in today's auction," it stressed.
This is evidenced by Ameriprise's reliance on its branded advisors for life insurance, annuity and domestic mutual fund cash sales and this channel contributes approximately 53% of total cash sales.