In bookkeeping and finance, cash refers to current assets comprising currency or currency equivalents that can be accessed immediately or near-immediately (as in the case of money market accounts). Cash is seen either as a reserve for payments, in case of a structural or incidental negative cash flow or as a way to avoid a downturn on financial markets.
The word is variously attributed. Some claim that the word "cash" comes from the modern French word caisse, which means (money) box, from the Provençal word caissa, from the Italiancassa, from the Latin capsa all meaning box. In the 18th century, the word passed to refer to the money instead of the actual box containing it. Another claim is that it was derived from Tamil word kāsu (Tamil:காசு) meaning a coin, by East India Company.
"Cash" used as a verb means "to convert to cash"; for example in the expression "to cash a cheque".
In Western Europe, after the Collapse of the Western Roman Empire, coins, silver jewelry and hacksilver (silver objects hacked into pieces) were for centuries the only form of money, until Venetian merchants started using silver bars for large transactions in the early Middle Ages. In a separate development, Venetian merchants started using paper bills, instructing their banker to make payments. Similar marked silver bars were in use in lands where the Venetian merchants had established representative offices. The Byzantine empire and several states in the Balkan area and Kievan Rus also used marked silver bars for large payments. As the world economy developed and silver supplies increased, in particular after the colonization of South America, coins became larger and a standard coin for international payment developed from the 15th century: the Spanish and Spanish colonial coin of 8 reales. Its counterpart in gold was the Venetian ducat.
Skr.karsha 'a weight of silver or gold equal to 1⁄400 of a tulā' (Williams); Singhalesekāsi coin. The early Portuguese writers represented the native word by cas, casse, caxa, the Fr. by cas, the Eng. by cass: the existing Pg.caixa and Eng. cash are due to a natural confusion with CASH n.1. From an early date the Portuguese applied caixa (probably on the same analogy) to the small money of other foreign nations, such as that of the Malay Islands, and especially the Chinese, which was also naturally made into cash in English. (Yule)" The English word "cash," meaning "tangible currency," is an older word from Middle Frenchcaisse.
Cash as a currency unit name in China, not to be confused with the type of copper coin also known as cash, refers to a unit used for centuries for copper coinage and banknote equivalents known as wén (文) in Chinese. Being the earliest country to implement paper based currency, at 1023 the 交子 paper money currency occur to adapt the economical climate change of globalization brought by fair trade via silk road, although metal coin were still in circulation. After the introduction of a unified currency system in 1889, the cash continued to be used as a subunit of the yuan with 1000 cash equal to one yuan. Coins continued to be denominated in cash until the 1920s nationally and for a time thereafter regionally.
MDLA) in connection with the proposed acquisition of the company by Thoma Bravo.� Under the terms of the merger agreement, the company's shareholders will receive $34.00 per share in cash for each share of Medallia common stock that they hold.� If you own MDLA shares and wish to ...
Merger Update. On July 18, 2021, the Company, and KRG Oak, LLC, a wholly-owned subsidiary of the Company, entered into a definitive merger agreement with Retail Properties of America, Inc ... The merger is subject to customary closing conditions, including approval by RPAI’s stockholders and the Company’s shareholders at special meetings.
“Together, we can better connect our Cash App and Seller ecosystems to deliver even more compelling products and services for merchants and consumers, putting the power back in their hands.”, Jack Dorsey, Co-Founder and CEO of Square...Integration of Afterpay into Square Bitcoin Cash App will expand the global consumer base for .
... Shares (an "ADS"), other than certain excluded Shares (as described in FLY's proxy statement relating to the merger), has been canceled and converted into the right to receive $17.05 per share in cash, without interest, subject to deduction for any required withholding tax.
INFO) today announced an agreement to sell IHSMarkit's Oil Price Information Services (OPIS); Coal, Metals and Mining; and PetroChem Wire businesses to News Corp in a cash transaction valued at approximately $1.150 billion. The sale is expected to be completed at the close of the merger between S&P Global and IHS Markit.
... because investors are concerned that the buyer is adding debt and taking on the complex task of integrating a new business, or because of short selling by merger-arbitrage traders seeking to lock in a deal spread. The Meggitt deal is all cash, so merger arbitrage isn’t a factor.
Forward-looking statements include all statements that are not historical facts, including those related to the proposed Merger and the Company’s revenues, earnings, cash flow and operations, and may be identified by terminology such as the words “outlook,” “believe,” “expect,” ...
Adjusted FFO is calculated as Nareit FFO excluding the impact of non-cash stock-based compensation and certain revenue and expense items (e.g., acquisition, merger and transition related costs, write-off of straight-line accounts receivable, recoveries and provisions for current expected credit losses, severance, etc.).
... in our reconciliation of non-GAAP, including the after-tax impact of i) non-cash foreign currency (gains) losses, ii) impairment and restructuring charges, iii) one-time non-cash gains, and iv) other non-recurring expenses associated with mergers and acquisitions and litigation.
GrowingESG influence ... "Second quarter earnings were strong, reflecting improved market conditions, combined with transformation benefits and merger synergies," said Mike Wirth, Chevron's chief executive. "Our free cash flow was the highest in two years due to solid operational and financial performance and lower capital spending," Wirth added.
("CMO" or the "Company") (CMO)�relating to its proposed merger with BenefitStreetPartners Realty Trust, Inc ... Also, over the years the firm has recovered or secured over a dozen cash common funds for shareholders in mergers & acquisitions class action cases.
That makes cash, or lack of it, a problem. Lordstown Motors, for instance, has lost 53% since early June, when the company’s auditor warned investors that Lordstown needed more cash to commercialize its Endurance electric pickup truck ...Lucid trades for nine times its cash balance ... Faraday just closed its SPAC merger, bringing that cash in the door.
Under the terms of the agreement, MDLA shareholders will receive $34.00 in cash per share they own ... Also, over the years the firm has recovered or secured over a dozen cash common funds for shareholders in mergers & acquisitions class action cases.
Under the terms of the agreement, VNE shareholders will receive $31.25 in cash per share they own ... Also, over the years the firm has recovered or secured over a dozen cash common funds for shareholders in mergers & acquisitions class action cases.