Definition, Meaning & Synonyms
cash-in-hand
noun
/kæʃ ɪn hænd/
Definition
Cash that is readily available for use, typically in physical form.
Examples
- After the sale, I had some cash-in-hand to spend on new equipment.
- He prefers cash-in-hand payments for his freelance work.
- Keeping cash-in-hand can be useful for emergencies.
Meaning
Cash-in-hand refers to the money that one has available immediately, rather than in bank accounts or as assets that may take time to liquidate.
Synonyms
- liquid assets
- ready cash
- available funds
