Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

  

English definition of “cash in hand”

cash in hand

noun [U] (also cash-in-hand)    
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 .
(Definition of cash in hand noun from the Cambridge Business English Dictionary © Cambridge University Press)
Focus on the pronunciation of cash in hand

Word of the Day

familiarity

a good knowledge of something, or the fact that you know it so well

Word of the Day

Blog

Read our blog about how the English language behaves.

Learn More

New Words

Find words and meanings that have just started to be used in English, and let us know what you think of them.

Learn More