CASH
A Law Dictionary · 1910 · p. 5
Ready money; whatever can be used. as money without being converted into another form; that which circulates as money, including bank-bUls. Hooper v. Flood, 54 Ce.L 221.; Dazet v. Landry, 21 Nev. 291, 30 Pac. 1064; Blair v. Wilson, 28 Grat. (Va.) 165; Haviland v. Chace, 39 Barb. (N. Y.) 28¼. -Cash-account. A record, in book-keeping, of 11,ll cash transactions; an account of moneys received and expended.-Cash-book. In boqkkeeping, an account-book in which is kept a record of all cash transactions, or all cash received and expended. The object of the cashbook is to afford a constant facility to ascertain the true state of a man's ca-sh. Parde us, n. 87.-Cash-note. In England. A bank-note of a provincial bank or of the Bank of England. -Cash-price. A price payable in cash at the time of sale· of property, in opposition to a barter or a sale on credit.-Cash value. The cash value of an article or piece of property is the price which it would bring at private sale (as distinguished from a forced or auction sale) the terms of sale reQuiring the payment of the whole price in ready money, with no deferred Pa,Yments. Ankeny v. c81akley, 44 Or. 78, 74 Pac. 485; State v. Rrulway Co., l<Y Nev. 68; Tax Com'rs v. Holliday, 150 Ind. 216, 49 N. E. 14, 42 L. R., A. 826; Gun;imings v. Bank. 101 U. S. 162, 25 L. Ed. 903. ·cASHIER, n. An officer of a moneyed institution, or commercial house, or bank, who is intrusted with, and whose duty it is to take care of, the cash or money of such institution or bank. The callhier of a bank is the executive officer, through whom the whole financial operations of the bank SJe conducted. He receives and pays out its moneys, ·collects and pays its debts, and receives and transfers its commercial securities. Tellers and other subordinate officers may be appointed, but they are under hi-s direction, and are, as it were, the arms by which designated portions of his various functions are discharged. The· directors may limit his authority as they deem proper, but this would not affect those to whom the limitation was unknown. Merchants' Nat. Bank v. State Nat. Bank, 10 W/1,ll. 650. 19 L. Ed. 1008. OASHIER,:v. In military law. To deprive a military officer of his rank and office. CASH LITE..An amercement or fine; a' ·mulct. OASSAB.B. To d.uash; to render void; to break. [s. 180]
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