Cash, ready cash, hard cash are designations for money in its physical form, i.e. in paper notes or bills and coins. Cash always takes the form of a concrete currency.
Cash in practice: Concerning the activities of an organisation, cash is part of its financial means. Cash has instant and complete liquidity, which in practice means that it is accepted everywhere. It is a statutory means of exchange (payment). Organisations keep track of their expenses and income with the aid of a cashier´s office. The legislation of some states sets rules for the limitation of cash payments. Apart from cash, money can also take the form of cashless monies (as bank deposits).