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 ?
7 seconds it takes for credit card and cash transactions.
The IRS is increasing its effort to stop underreporting of income from cash transactions.
Anyone making a cash transaction who lists an Illinois Social Security number but indicates elsewhere that he or she was from Texas should raise suspicion.
A commercial condominium at 41 Seventh Avenue South, located on the Southeast corner of Seventh Avenue South between Morton and Leroy Streets in Manhattan's West Village, was sold in an all cash transaction valued at $1,868,000.
People spend more than pounds 80 in nearly a quarter of all cash transactions despite the growth in using credit and debit cards to pay for things, research showed yesterday.
4% of the voting power), offered to buy out Cablevision's public shareholders for $27 per share in an all cash transaction.
A commercial building at 5905 Broadway, between 240th and 242nd Streets in the Bronx, was sold in an all cash transaction valued at $2,650,000.
A development site at 27-40 21st Street, located on the northwest corner of 28th Avenue and 21st Street in Astoria, Queens, was sold in an all cash transaction valued at $2,100,000.
supermarkets pay approximately 18 to 20 cents in cash-handling costs for a $10 cash transaction, or nearly 2 percent of the total transaction value.
A fully leased building at 135-09 Cross Bay Boulevard, in Ozone Park, New York, sold in an all cash transaction valued at $400,000.
1 million premium to the combined pre-closing equity of the three institutions, which based on June 30, 1992, financials would represent a cash transaction of approximately $15.
A four-story mixed-use building located at 7625 Fifth Avenue in Brooklyn's Bay Ridge neighborhood sold in an all cash transaction valued at $1,450,000.