Cash Equivalent Transaction,
Cash Equivalent Transaction means,
A simple definition of Cash Equivalent Transaction is: Purchase of cash equivalents (goods that can be used or converted into cash) from suppliers other than financial institutions. Examples of cash equivalents could include casino game chips, foreign currency, money orders, wire transfers, and passenger checks from non-financial institutions. Review your account agreement to find out what types of cash equity transactions your credit card issuers can consider.
Literal Meanings of Cash Equivalent Transaction
Meanings of Cash:
Giving or receiving banknotes or coins with (check or money order).
Money in the form of coins or notes instead of checks, money orders or loans.
A small denomination coin from China, South India or Southeast Asia.
Synonyms of Cash
liquidate, turn into money, convert into cash, ready cash, change, convert into money, exchange, currency, hard cash, realize, encash, money, ready money, legal tender, turn into cash
Meanings of Equivalent:
Quantity, quantity, functions, importance, etc. of a person or value.
Equivalent in value, quantity, functions, meaning, etc.
Sentences of Equivalent
French equivalent of the FBI
One unit is equal to a glass of wine
Synonyms of Equivalent
analogue, twin, complement, match, identical, alternative, double, opposite number, counterpart, equal, parallel
Meanings of Transaction:
An example of some buying and selling in business transactions.
Sentences of Transaction
Delivery date is very important in normal business
Synonyms of Transaction
pact, undertaking, arrangement, contract, deal, negotiation, settlement, bargain, affair, compact, treaty, business, bond, agreement