Cash
: It is a universally accepted form of payment for goods, services, and debts, often mandated by law for acceptance by creditors.
: Transactions are finalized instantly upon the exchange of physical notes or coins, with no need for third-party processing. : It is a universally accepted form of
Cash refers to physical currency, such as banknotes and coins, that serves as a liquid medium of exchange and legal tender for economic transactions. In a corporate context, "cash" often includes cash equivalents—highly liquid assets like bank deposits and marketable securities that can be quickly converted into physical money. such as banknotes and coins