Going cashless isn't straightforward—ask Sweden or Zimbabwe

"No Cash Accepted" signs are increasingly common in Australian shops, thanks to COVID-19. Even before the the pandemic struck, though, we were well along the cashless path, with demand for coins halving between 2013 and 2019.

Coronavirus and the cashless economy: a tipping point?

For those of us who have braved a high street of late, the familiar 'Contactless Only', 'Card Only' or 'No Cash Accepted' signs are typical on the doors of many businesses. According to a recent statement by Lothar Wieler, ...

Is this the moment for universal basic income?

Until now, universal basic income—a concept that would give all members of society an unconditional, guaranteed cash payment—has received limited attention among U.S. policymakers. But the coronavirus pandemic may change ...

Researchers foresee the ongoing use of cash

Are the countries of the Eurozone ready to drop cash in hand? In light of a study of the UPV and UV, the answer is no. The work concludes that in these countries, there are still many years left of paying with cash. And, ...

page 1 from 19

Cash

In common language cash refers to money in the physical form of currency, such as banknotes and coins.

In bookkeeping and finance, cash refers to current assets comprising currency or currency equivalents that can be accessed immediately or near-immediately (as in the case of money market accounts). Cash is seen either as a reserve for payments, in case of a structural or incidental negative cash flow or as a way to avoid a downturn on financial markets.

This text uses material from Wikipedia, licensed under CC BY-SA