cash in hand Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

Meaning of “cash in hand” in the English Dictionary

"cash in hand" in Business English

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cash in handnoun [U]

(also cash-in-hand) uk   us  
ACCOUNTING, FINANCE an ​amount of ​cash a ​company has ​available after all its ​costs have been ​paid: He intended to have a ​financingpackage in ​place by June and to have some ​cash in ​hand by summer. The ​dealleaves 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, ​specialistmarinemortgages for boats are ​available.

cash in handadverb, adjective

(also cash-in-hand) uk   us  
MONEY, COMMERCE involving ​payment for ​goods or ​services immediately using ​cash, rather than by cheque, creditcard, etc, especially when this is a way for the ​person being ​paid to ​avoidtax: He makes at least £300 a week, ​cash in ​hand. cash-in-hand ​jobs
(Definition of cash in hand from the Cambridge Business English Dictionary © Cambridge University Press)
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“cash in hand” in Business English

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