Vault cash(redirected from Vault Monies)
Cash kept on hand in a depository institution's vault to meet day-to-day business needs, such as cashing checks for customers; can be counted as a portion of the institution's required reserves.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.
Capital kept at a bank or other financial institution to cover day-to-day expenses such as cash withdrawals. It is called vault cash because the bulk of it is traditionally kept in a heavily-guarded vault.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved