cash price
- noun
- Specialized
- The cash price for this smartphone is $699, meaning you can take it home today without financing.
- cents above the cash price
Examples
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Data do exist for cash prices, which are actual transaction prices. However, cash prices often do not pertain to the same specification for the commodity (e.g., the same grade of oil at the same location) as the futures price.
Academic text (2001) -
Of course, if the sale terms recommended by the assignee and approved by the court required the payment of cash (470), then a prospective third-party purchaser who could not pay the full cash price would obviously not be the winning bidder.
Academic text (2018) -
My first thought was, the money I am taking out from primary is equal to the cash price of the second home.
Blog text (27) -
And it's because of the arbitrageurs that the cash price and the spot price line up at the end.
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Also, while cash price data purportedly reflect actual transactions, they usually represent only average prices over a week or a month, and thus cannot be matched with futures prices for specific days.
Academic text (2001) -
In the cash market, purchases and sales of the commodity for immediate delivery occur at a price that we will refer to as the "spot price." (As I explain later, as it is commonly used, the term "cash price" has a somewhat different meaning.)
Academic text (2001) -
It does not help that, since in rural areas fuels are mostly collected rather than purchased, biomass energy is all too often considered a "free" good because it has no cash price.
Academic text (1999) -
In addition, cash prices usually include discounts and premiums that result from longstanding relationships between buyers and sellers, and thus are not directly comparable to futures prices.
Academic text (2001) -
Data do exist for cash prices, which are actual transaction prices. However, cash prices often do not pertain to the same specification for the commodity (e.g., the same grade of oil at the same location) as the futures price.
Academic text (2001) -
The basis of a T-bond deliverable to US T-bond futures is defined as the difference between the cash price of the bond and the quoted futures price, adjusted by the associated conversion factor.
Academic text (2017)
Synonyms
The amount of money you pay to buy something
Current price of things like oil or gold for immediate delivery
Antonyms
How Expensive
- Specialized
Surface Forms
Morphology
The meaning is directly and transparently built from 'cash' (tangible money) + 'price' (amount required to buy), so a learner who knows both words can infer it denotes the amount when paying with cash or for immediate payment. This noun-noun composition is cross-linguistically common and follows standard English patterns, so although 'spot market' is a technical nuance, the core meaning is immediately comprehensible to a B1 learner.
Etymology
Cash price comes from markets where a buyer pays cash, meaning money in hand, and takes the goods immediately, so the price is for buying 'now' rather than later.