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CASH

Volume 5 · 65 words · 1823 Edition

in a commercial style, signifies the stock or ready money which a merchant or other person has in his present disposal to negotiate; so called from the French term caisse, i.e. "chest or coffer," for the keeping of money.

M. Savary shows that the management of the cash of a company is the most considerable article, and that wherein its good or ill success depends.