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 ?
3 ( ANI ): The Central Board of Direct Taxes (CBDT) on Friday clarified that cash sale of agricultural produce by its cultivator to the trader for an amount less than Rs.
Freddie Mac today released its monthly Outlook for August, which takes a look at how the limited supply of houses has created a highly competitive housing market, which in turn is helping to keep the share of cash sales significantly above its historical norm and dampening mortgage originations.
The company said cash sales made up 28 percent of all third-quarter single-family home sales.
The investor must decide whether the installment sale is better than waiting for a cash buyer, or substantially reducing the price for a quicker cash sale.
The CBI holds 5 auction sessions each week, beginning on Sunday and ending on Thursday, for the sale and purchase of foreign currencies, charging 13 dinars per dollar for its cash sales, along with 13 dinars per dollar for its foreign transfers.
s (BKFS') Data & Analytics Division reported that based on data as of the end of April, cash sales made up 62 percent of purchases in the lowest 20 percent price bracket.