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Cash is a type of currency that is physical, not digitized. It is usually made up of coins and bills.
Cash has been used by humans for thousands of years. It is a convenient and easy way to exchange money. However, there are also some drawbacks to using cash, such as the risk of losing it or the need to carry large amounts of money.
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What does cash mean?
Cash typically means liquid money that can be used immediately for transactions, including physical currency and funds in bank accounts.
Why is money called cash?
Money is called cash when it is available for immediate use, representing liquid assets that can easily be spent or withdrawn.
What is cash at bank?
Cash at bank refers to funds that a company or individual has in their bank account, available for immediate use or withdrawal.
What is the difference between cash and cash at a bank?
“Cash” refers to physical currency or any liquid assets, while “cash at bank” refers specifically to funds held in a bank account.
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