noun a tangible form of money, such as bills or coins
Cold cash refers to physical currency, typically in the form of paper bills and coins, as opposed to digital or electronic forms of payment.
In business transactions, cold cash may be used to refer to immediate payment in cash, without the need for credit or other forms of payment.
Cold cash is often associated with illegal activities such as bribery, money laundering, and illicit transactions.
In the informal economy, cold cash is commonly used for transactions that are not reported to tax authorities or other regulatory bodies.
In the context of a writer, 'cold cash' may be used to refer to payment received for freelance articles, book royalties, or any other form of writing work.
A psychologist may use the term 'cold cash' when discussing the financial aspect of therapy sessions or research grants.
For a salesperson, 'cold cash' could refer to immediate payment made by a customer in exchange for a product or service.
An accountant may use 'cold cash' to describe physical currency or liquid assets that are readily available for transactions or investments.
In the entrepreneurial world, 'cold cash' may be used to discuss the importance of having cash reserves for emergencies or opportunities.