Definition, Meaning & Synonyms
spot-cash
Noun
spɒt kæʃ
Definition
Money that is paid immediately, in full, at the time an agreement is made, rather than at a later date.
Examples
- When buying the car, he decided to pay in spot-cash to avoid any financing fees.
- She received a discount for paying in spot-cash for her new furniture.
- In real estate deals, the buyer made an offer of spot-cash to make their proposal more attractive.
Meaning
Spot-cash refers to the practice of paying for goods or services right away, without any delay or credit involved.
Synonyms
- immediate cash
- cash on the spot
- instant payment
