Definitions for "Cash Sale" Add To Word List
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A transaction in which the securities are delivered on the trade date instead...
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A stock transaction in which the contract is settled on the same day as the trade date. Settlements are done in this way because a party is short on cash and cannot wait for the five business days required for settlement. see also settlement date.
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This is a sale of a product or service that is paid for when it is delivered. The paperwork that accompanies a cash sale is called a receipt and documents the delivery and payment.
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A sale in which cash only is received for the total amount of the sale, at the time of the sale.
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On the day that a trade is executed, the securities are required to be delivered. See: Delivery; Regular Way Delivery (Settlement); Settlement; Settlement Date
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A sales transaction with no financing contingency.
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A transaction which calls for delivery of the securities the same day. (vs. "Regular Way") See: Settlement.
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A legal term denoting a mercantile transaction in which title to merchandise passes when the buyer pays the seller.
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A transaction on the floor of the Stock Exchange that calls for delivery of the securities the same day. In "regular way" trade, the seller is to deliver on the third business day, except for bonds, which are the next day. (See: Regular Way Delivery)
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