Cash In Hand (Noun)
Meaning
Assets in the form of money.
Classification
Nouns denoting possession and transfer of possession.
Examples
- The policy requires the company to report all cash in hand as part of its annual financial statement.
- They made sure to keep enough cash in hand for emergencies while traveling abroad.
- Investors often prioritize a company's cash in hand as a key indicator of its financial stability.
- Maintaining cash in hand allows businesses to quickly respond to market opportunities and changing circumstances.
- After reviewing their finances, they aimed to build up more cash in hand for long-term savings goals.