Definition of Cash credit. Meaning of Cash credit. Synonyms of Cash credit

Here you will find one or more explanations in English for the word Cash credit. Also in the bottom left of the page several parts of wikipedia pages related to the word Cash credit and, of course, Cash credit synonyms and on the right images related to the word Cash credit.

Definition of Cash credit

Cash credit
Cash Cash, n. [F. caisse case, box, cash box, cash. See Case a box.] A place where money is kept, or where it is deposited and paid out; a money box. [Obs.] This bank is properly a general cash, where every man lodges his money. --Sir W. Temple. [pounds]20,000 are known to be in her cash. --Sir R. Winwood. 2. (Com.) (a) Ready money; especially, coin or specie; but also applied to bank notes, drafts, bonds, or any paper easily convertible into money. (b) Immediate or prompt payment in current funds; as, to sell goods for cash; to make a reduction in price for cash. Cash account (Bookkeeping), an account of money received, disbursed, and on hand. Cash boy, in large retail stores, a messenger who carries the money received by the salesman from customers to a cashier, and returns the proper change. [Colloq.] Cash credit, an account with a bank by which a person or house, having given security for repayment, draws at pleasure upon the bank to the extent of an amount agreed upon; -- called also bank credit and cash account. Cash sales, sales made for ready, money, in distinction from those on which credit is given; stocks sold, to be delivered on the day of transaction.

Meaning of Cash credit from wikipedia

- (though certain special-purpose lines of credit may not have creditworthiness requirements) to address fluctuating cash flow needs of the customer. The maximum...
- A credit card is a payment card, usually issued by a bank, allowing its users to purchase goods or services, or withdraw cash, on credit. Using the card...
- A letter of credit (LC), also known as a do****entary credit or bankers commercial credit, or letter of undertaking (LoU), is a payment mechanism used in...
- statistically perceptible increases in cash in circulation, for which the credit institutions are preparing. Since cash holdings at banks do not earn interest...
- more years. Kisaan Credit Card (KCC) credit to the farmers is of two types, viz., 1. Cash Credit (for working capital) and 2. Term Credit (for capital expenditure...
- Revenue, with a credit entry. When the company receives the cash from the customer, two accounts again change on the company side, the cash account is debited...
- second wife of singer Johnny Cash. Prior to her marriage to Cash, she was known as June Carter and continued to be credited as such even after her marriage...
- John R. Cash (born J. R. Cash; February 26, 1932 – September 12, 2003) was an American singer-songwriter. Most of Cash's music contains themes of sorrow...
- claim that transactions can be almost twice as fast as a conventional cash, credit, or debit card purchase. Because no signature or PIN verification is...
- getting cash from debtors can be changed on the basis of reports of cash conversion cycle. If it tells good cash liquidity position, past credit policies...