CASH UP Meaning and
Definition
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Cash up is a verb phrase that refers to the process of counting and balancing cash in order to determine its accuracy and reconcile it with business records. When a business or individual conducts a cash up, they typically go through all the cash present in the establishment, such as in a cash register or petty cash drawer, and verify its amount against the recorded sales or transactions. This process is usually carried out at the end of a shift, day, or accounting period to ensure accuracy and prevent discrepancies or theft.
During a cash up, the person responsible will count and classify the cash into different denominations, which may include coins, bills, and checks. They will also compare the cash totals with the sales receipts, invoices, or other documentation to ensure consistency. This process helps identify any cash shortages or overages, allowing for adjustments to be made accordingly.
Additionally, cashing up often involves recording the final cash amounts in a cash register or accounting system. This information is crucial for financial reporting purposes, as it helps provide an accurate view of the cash position and track revenue.
Overall, cashing up is a necessary practice for businesses to ensure their financial integrity and prevent potential losses or discrepancies in their cash flow.
Etymology of CASH UP
The word "cash up" is a phrasal verb that originated in the British English language. It combines the noun "cash" with the preposition "up" to create a verb phrase meaning to count and reconcile the amount of money in a cash register or cash drawer at the end of a business day.
The etymology of the word "cash" can be traced back to the Old Italian word "cassa", which means "money box" or "chest". This term later evolved into the French word "caisse", which retained the same meaning. Eventually, it found its way into English, becoming "cash" around the 16th century.
The use of "up" in "cash up" likely comes from the notion of bringing numbers or figures to a final or complete state. It implies the action of adding up and finalizing the cash amount before closing the accounting for the day.
Idioms with the word CASH UP
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cash up front
The idiom "cash up front" means the requirement or expectation of immediate payment in full for a product or service before it is delivered or provided. It indicates the need for payment to be made before any subsequent actions or transactions can take place.
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cash up
To count and reconcile the cash in a cash register or till at the end of a business day or shift.
Conjugate verb Cash up
CONDITIONAL
I
would cash up
you
would cash up
he/she/it
would cash up
we
would cash up
they
would cash up
CONDITIONAL CONTINUOUS
I
would be cashing up
you
would be cashing up
he/she/it
would be cashing up
we
would be cashing up
they
would be cashing up
CONDITIONAL PERFECT
I
would have cash up
you
would have cash up
he/she/it
would have cash up
we
would have cash up
they
would have cash up
CONDITIONAL PERFECT CONTINUOUS
I
would have been cashing up
you
would have been cashing up
he/she/it
would have been cashing up
we
would have been cashing up
they
would have been cashing up
FUTURE
I
will cash up
you
will cash up
he/she/it
will cash up
we
will cash up
they
will cash up
FUTURE CONTINUOUS
I
will be cashing up
you
will be cashing up
he/she/it
will be cashing up
we
will be cashing up
they
will be cashing up
FUTURE PERFECT
I
will have cashed up
you
will have cashed up
he/she/it
will have cashed up
we
will have cashed up
they
will have cashed up
FUTURE PERFECT CONTINUOUS
I
will have been cashing up
you
will have been cashing up
he/she/it
will have been cashing up
we
will have been cashing up
they
will have been cashing up
IMPERATIVE
you
cash up
we
let´s cash up
to cash up
PAST
I
cashed up
you
cashed up
he/she/it
cashed up
we
cashed up
they
cashed up
PAST CONTINUOUS
I
was cashing up
you
were cashing up
he/she/it
was cashing up
we
were cashing up
they
were cashing up
PAST PARTICIPLE
cashed up
PAST PERFECT
I
had cashed up
you
had cashed up
he/she/it
had cashed up
we
had cashed up
they
had cashed up
PAST PERFECT CONTINUOUS
I
had been cashing up
you
had been cashing up
he/she/it
had been cashing up
we
had been cashing up
they
had been cashing up
PRESENT
I
cash up
you
cash up
he/she/it
cashes up
we
cash up
they
cash up
PRESENT CONTINUOUS
I
am cashing up
you
are cashing up
he/she/it
is cashing up
we
are cashing up
they
are cashing up
PRESENT PARTICIPLE
cashing up
PRESENT PERFECT
I
have cashed up
you
have cashed up
he/she/it
has cashed up
we
have cashed up
they
have cashed up
PRESENT PERFECT CONTINUOUS
I
have been cashing up
you
have been cashing up
he/she/it
has been cashing up
we
have been cashing up
they
have been cashing up
