Definition, Meaning & Synonyms
cash-payment
noun
/kæʃ ˈpeɪmənt/
Definition
A transaction made using physical currency rather than through a bank transfer or credit system.
Examples
- She made a cash-payment for the groceries at the store.
- The restaurant accepted only cash-payments during the weekend.
- For the yard sale, they preferred cash-payments to avoid credit card fees.
Meaning
A cash-payment is when goods or services are exchanged for cash immediately, without any credit or debt involved.
Synonyms
- cash transaction
- immediate payment
- physical payment
