till money
Till Money
Money kept in a register at a bank that a bank teller may distribute to customers making withdrawals. Till money is distinguished from cash in a vault.
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till money
the CURRENCY (notes and coins) held by the COMMERCIAL BANKS to meet the day-to-day cash requirements of their customers. Till money is included as part of the banks’ CASH RESERVE RATIO and RESERVE ASSET RATIO.Collins Dictionary of Economics, 4th ed. © C. Pass, B. Lowes, L. Davies 2005