# Cash unschön sometimes also Kassenmittel, in older documents also Comptant (cash, ready money; notes and coins)

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- Post ID: 593388
- Modified: 2023-07-25T21:01:14+00:00
- Language: en

## Definition

Legal tender in the form of banknotes and coins. Up to now, cash has still been by far the most frequently used means of payment at the point of sale as the place where payment takes place, such as at the checkout counter in the supermarket, at the gas station, or at the ticket vending machine [CH: Billettautomat]. At the end of 2010, almost sixty percent of all sales by private households in Germany were still paid for in cash. However, the high cash share is slowly but steadily declining (so far about one percent per year; according to forecasts, however, this figure is likely to accelerate). - See acceptance restriction, banknote value restriction, cash visas, cash funds, cash, vaulted, cash cycle, cash management, cash ratio, cash in circulation, cash payment ratio, base money, validation, cryptocurrency, cash dispenser, money supply, money signs, money purpose, card, customer data- Information obligation, M1, M2, M3, funds, coin, paper money, pure, sum, Spores Raffel, asset, currency, payment, payment half, payment means, payment instead. - Cf. ECB Monthly Bulletin of August 2006, pp. 67 ff. (breakdown of currency in circulation in euro area), ECB Monthly Bulletin of September 2006, pp. 19 ff. (sectoral money holdings since 1992), Deutsche Bundesbank Annual Report 2006, pp. 97 ff. (statistics also on DEM in circulation), Deutsche Bundesbank Monthly Bulletin of June 2009, pp. 49 ff. (euro currency in circulation in Germany since 2002; overviews), Deutsche Bundesbank Monthly Bulletin of March 2010, pp. 33 ff. (Use of cash in Germany; overviews), Deutsche Bundesbank Annual Report 2012, pp. 107 ff. (detailed presentation and statistics 2010 to 2012), as well as the update in the respective Deutsche Bundesbank Annual Report, ECB Annual Report 2012, pp. 103 ff. (statistics), and the respective ECB Annual Report, Deutsche Bundesbank Monthly Report June 2014, pp. 71 ff. (Cash withdrawals at the point of sale; detailed presentation; numerous overviews). Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec. Professor Dr. Eckehard Krah, Dipl.rer.pol. E-mail address: info@ekrah.com https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk https://www.jung-stilling-gesellschaft.de/merk/ https://www.gerhardmerk.de/

## Machine-readable

- Generator: Merk Knowledge 1.1.1