cash

Cash refers to physical money such as bills and coins, as well as funds readily available in bank accounts that can be quickly accessed for transactions. It is the most liquid form of assets, meaning it can be used immediately to purchase goods and services or cover expenses. Cash is crucial for daily operations, providing a tangible measure of financial resources and ensuring liquidity for individuals and businesses alike. It is distinct from other assets like investments or property, which may require time or effort to convert into usable money.