When an employee takes cash out of a benefit.

When an organization pays money out for it operations, investments or financing activities.

Allowing a credit balance on a cash account, such as when $100 is taken from an account that has only $75, leaving a liability on the balance sheet the difference of $25.

Period needed for full capital recovery for an investment, estimated in years and months.

Monies paid when goods or services are bought.

A bond that requires cash to be paid as well as an exchange of common stock, typically at the investor’s option to exchange the bond at particular times over the bond’s life,

Combining of securities and cash to maintain solvency by a company seeking to avoid expensive damages.

Written evidence that a product or service sale has been allocated or paid in cash.

Method of matching actual receipts of cash to actual uses of cash to directly determine cash flow for cash budgeting; worthwhile for periods of six or less months. Refer to adjusted net

A financial transaction calculator, typically electronic. Consists of an entry keyboard, possibly a scanner, a drawer design to hold varying denominations of paper and coin cash, and a printer to provide both

the process of exchanging money instead of physical commodities to settle a futures or option contract. This process is used by financial instruments.

Describes the difference between expected cash on hand versus cash given out. An entry to the ledger account is posted for the discrepancy amount.

Discrepancies between actual cash on hand versus the start-of-day cash on hand plus the total of the days receipts are posted to this type of general ledger account.

The amount an INSURER is required to return to the INSURED if an INSURANCE contract with savings features is cancelled prior to maturity.

Usually tallied over a 12-month period or year, a count of completed cash cycles during that period.

A life insurance policy that has cash value accumulation over the life of the policy. The premium is the same over the life of the policy. The premium is split between death

Taking cash out of a policy or benefit, reducing the cash available as a death benefit by the amount withdrawn plus interest. This may mean forfeiture of the purchased benefits by the

An ARBITRAGE strategy where a profit can be secured by borrowing funds, using the proceeds to buy the ASSET, and selling a FORWARD or FUTURE on that asset. The arbitrage only exists

A BINARY OPTION that grants the buyer a payoff at expiry equal to a fixed cash amount if the price of the UNDERLYING market reference exceeds the STRIKE PRICE or BARRIER at

A BINARY OPTION that grants the buyer an immediate payoff equal to a fixed cash amount once the price of the UNDERLYING market reference breaches the STRIKE PRICE or BARRIER. See also