cash-price
Definition
Noun: - The current price of a commodity or security that is quoted for immediate payment and delivery, as opposed to a futures price or credit price. In retail contexts, it often refers to the price paid in cash (as opposed to credit or installment payments).
Usage Examples
- (The price for paying immediately with cash.)
- (The price for immediate payment.)
- (The price for immediate delivery in commodity trading.)
Advanced Usage
- "cash-price" vs. "credit price": In retail, the cash-price is often lower than the credit price because the seller avoids processing fees and receives money immediately.
- The furniture store lists the cash-price at $500, but the credit price with interest is $600. (The difference between immediate payment and deferred payment.)
- "cash-price" in investing: Refers to the spot price of a security or commodity for immediate settlement.
- Investors compare the cash-price of gold to its futures price to gauge market expectations. (The price for immediate delivery in financial markets.)
Variants and Related Words
- Cash (n): money in the form of coins or banknotes.
- She paid for the book in cash. (Using physical money.)
- Price (n): the amount of money expected or required for payment.
- The price of the ticket is $10. (The cost of the ticket.)
Synonyms
- Spot price: the current market price for immediate delivery of a commodity.
- Cash value: the amount of money an item is worth if paid immediately.
- Immediate price: the price for instant payment and delivery.
Related Idioms
- Cash on the barrelhead: immediate payment in full, often used to emphasize the cash-price.
- He demanded cash on the barrelhead for the used car. (He insisted on immediate cash payment.)
- Pay cash on the nail: to pay immediately and in full.
- We paid cash on the nail to get the discount. (We paid the cash-price without delay.)