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 ?
The petition claimed that restricting the cash transaction will not only help in curbing corruption, black money generation, and 'Benami' (unaccounted) transaction but also in weeding out an organized crime like separatism, terrorism, Naxalism, radicalism, gambling, smuggling, money laundering, kidnapping, etc.
CBK governor Patrick Njoroge has defended banking regulations that require full disclosure of cash transactions exceeding Sh1 million.
He said the FATF requires casinos to be one of the bodies that report cash transactions to the AMLC.
This all cash transaction to acquire Nanosphere by Luminex Corporation has been increased to USD1.70 per share from USD1.35 per share.
The cash transaction is valued at USD15m, in addition to warrants for the purchase of 45,000 Radware shares at an exercise price of USD22 a share and completion is subject to standard conditions to closing.
Under the Bank Secrecy Act, financial institutions generally must record and report to the Internal Revenue Service any cash transaction over $10,000.
Upadhyay contended that cash transaction in high denomination currency is being used for illegal activities.
A press release said, 'The cash transaction is subject to Bluegrass Bancorp shareholder approval and regulatory approval and is expected to close during the second quarter of 2018.
(FBLB) and its wholly owned subsidiary, FirstBank and Trust, in a stock and cash transaction valued at approximately USD 185.6m, the company said.
M2 PHARMA-April 22, 2016-Stryker acquires vertebral compression fracture portfolio in all cash transaction
At the same time only 8% of businesses questioned said the average cash transaction they handled was worth less than pounds 5, according to Alliance & Leicester Commercial Bank.
Intel Corp is to acquire Ambient Technologies in a cash transaction worth approximately USD150m.