Cash

CASH, n. Money; primarily, ready money, money in chest or on hand, in bank or at command. It is properly silver and gold; but since the institution of banks, it denotes also bank notes equivalent to money. To pay in cash is opposed to payment in goods, commodities, or labor, as in barter.

CASH, v.t.

1. To turn into money, or to exchange for money; as, to cash a note or an order.

2. To pay money for; as, the clerks of a bank cash notes when presented.

CASH, v.t. To discard.