Public-domain · open source
OpenJurist

Cash

Black's Law Dictionary · Henry Campbell Black, M.A. · 1910

Black's Law Dictionary

Ready money; whatever can be used as money without being converted into another form; that which circulates as money, including bank-bills. Hooper v. Flood, 54 Cal. 221; Dazet v. Landry, 21 Nev. 291, 30 Pac. 1064; Blair v. Wilson, 28 Grab (Vat) 165; Havlland v. Chace, 39 Barb. (N. Y.) 284.

Cash-aooount. A record, in book-keeping, of all cash transactions; an account of moneys received and expended.

Cash-book. In bookkeeping, an account-book in which is kept a record of all cash transactions, or all cash received and expended. The object of the cashbook is to afford a constant facility to ascertain the true state of a man's cash. Pardessus, n. 87.

Cash-note. In England. A bank-note of a provincial bank or of the Bank of England.

Cash-price. A price payable in cash at the time of sale of property, in opposition to a barter or a sale on credit.

Cash value. The cash value of an article or piece of property is the price which it would bring at private sale (as distinguished from a forced or auction sale) the terms of sale requiring the payment of the whole price in ready money, with no deferred payments. Ankeny v. Blakley, 44 Or. 78, 74 Pac. 485; State v. Railway Co.., l(T Nev. 68; Tax Co.m'rs v. Holliday, 150 Ind. 216, 49 N. E. 14, 42 Jj. R. A. 826; Cummings v. Bank, 101 U. S. 162, 25 L. Ed. 903.