spot cash
- noun
- The seller agreed to accept spot cash for the car, allowing the buyer to take it home immediately.
Examples
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Well, I'll give you $ 100 spot cash, right now.
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Spot cash or you'll get securities-bonds.
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He offered to pay spot cash for the furniture to avoid any financing fees.
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To secure the deal, she handed over spot cash without hesitation.
Synonyms
Money you can use immediately
Money in notes and coins that you can use right away
Money in cash that you can use immediately
You pay the full price in cash immediately when you buy something
Cash you keep for immediate use
Antonyms
How Immediate
Surface Forms
Morphology
The meaning 'an immediate cash payment' is directly derivable from combining 'spot' (as in 'on the spot' = immediately/at the place) with 'cash' (money). This is a straightforward compositional phrase following common noun-modifier patterns, so a B1 learner who knows both constituents would readily infer the MWE's meaning.
Etymology
The noun spot cash comes from the idea of paying with cash right on the spot, when you hand money over at once instead of using credit. So, it means an 'immediate' payment with money and 'no credit', which is why sellers often give a discount for spot cash.