cash in hand

I. cash in hand ˌcash in ˈhand 1 noun [uncountable] ACCOUNTING
1. the amount of money in the form of cash that a company has after it has paid all its costs:

• We have a sound balance sheet, no borrowings and net cash in hand of £23 million.

2. written at the top of the assets side of a balance sheet to show the amount of money held by a company in the form of notes and coins — compare cash at bank
  [m0] II. cash in hand cash in hand 2 adjective, adverb COMMERCE
if someone is paid cash in hand, they are paid in notes and coins so there is no written record of the payment:

• One dealer had been taking his commission payments cash in hand.

* * *

Ⅰ.
cash in hand UK US (also cash-in-hand) noun [U]
ACCOUNTING, FINANCE an amount of cash a company has available after all its costs have been paid: »

He intended to have a financing package in place by June and to have some cash in hand by summer.

»

The deal leaves the company with £25m cash in hand to buy new stock.

MONEY, COMMERCE money to pay the whole cost of goods or services immediately, rather than payment by another method such as credit: »

For buyers who do not have cash in hand, specialist marine mortgages for boats are available.

Ⅱ.
cash in hand UK US (also cash-in-hand) adverb, adjective
MONEY, COMMERCE involving payment for goods or services immediately using cash, rather than by cheque, credit card, etc, especially when this is a way for the person being paid to avoid tax: »

He makes at least £300 a week, cash in hand.

»

cash-in-hand jobs


Financial and business terms. 2012.

Look at other dictionaries:

  • cash-in-hand — adj a cash in hand payment is made in the form of notes and coins so that there is no record of the payment …   Dictionary of contemporary English

  • cash-in-hand — UK US adjective british a cash in hand payment is made with coins and notes so that there is no record of it Thesaurus: words used to describe payments and funding sourceshyponym miscellaneous paymentssynonym …   Useful english dictionary

  • cash in hand — ► cash in hand payment in cash rather than by cheque or other means. Main Entry: ↑cash …   English terms dictionary

  • cash in hand — noun assets in the form of money • Syn: ↑funds, ↑finances, ↑monetary resource, ↑pecuniary resource • Hypernyms: ↑assets • Hyponyms: ↑bank, ↑ …   Useful english dictionary

  • cash in hand — 1. adjective Receiving wages or salary directly in the form of cash, often without deducting tax. Many high school students get cash in hand jobs for extra pocket money. 2. adverb In a manner receiving direct payment by cash, often withou …   Wiktionary

  • cash-in-hand — adjective a cash in hand payment is made in the form of notes and coins so that there is no record of the payment …   Longman dictionary of contemporary English

  • cash-in-hand — UK / US adjective British a cash in hand payment is made with coins and notes so that there is no record of it …   English dictionary

  • cash in hand — Brit. payment in cash rather than by cheque or other means. → cash …   English new terms dictionary

  • cash in hand — funds; assets in the form of cash …   English contemporary dictionary

  • cash on hand — Money on hand or a deposit in a solvent bank subject to check. Re Banfield, 137 Or 282, 3 P 116 …   Ballentine's law dictionary

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