MAKES CHANGE Meaning and
Definition
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The phrase "makes change" refers to the act of providing customers with the appropriate amount of money after a purchase has been made, typically involving a cash transaction. When a customer pays for goods or services using a larger denomination of currency than the total cost, the person responsible for handling the transaction must calculate and issue the correct amount of change.
In this context, "makes change" specifically denotes the process of determining the difference between the tendered amount and the cost of the purchase and then returning the surplus money to the customer. This involves subtracting the purchase price from the amount paid to ascertain the remainder, which is typically comprised of smaller denominations such as coins and bills. The individual executing this task must possess basic arithmetic skills to ensure accurate computation.
Particularly common in retail, hospitality, and food service industries, making change is a fundamental aspect of the transaction process. It is essential for cashiers, sales associates, and others involved in financial transactions to be proficient in making accurate change promptly and efficiently. As digitization and electronic payment systems become more prevalent, the need for making change may progressively decline, but the skill remains vital in settings where cash is still accepted. Overall, making change serves as an integral part of providing excellent customer service and maintaining financial accuracy in cash transactions.
Common Misspellings for MAKES CHANGE
- makes chalge
- makes chaoge
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- makes chanoe
- makes chance
- makes chanee
- makes changu
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- mak es change
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- makes c hange
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- makes chang e
Etymology of MAKES CHANGE
The phrase "makes change" comes from the combination of two distinct words: "make" and "change".
1. Make: The word "make" originated from the Old English verb "macian", which meant "to construct, to form, or to create". Its etymology can be traced back to the Proto-Germanic word "makōną", meaning "to prepare, to make". Over time, the meaning of "make" expanded to encompass various actions related to constructing, producing, or causing something.
2. Change: The word "change" comes from the Old French noun "change" or "changement", derived from the verb "changer", meaning "to exchange or alter". The Old French term was in turn borrowed from the Latin word "cambiare", which also meant "to exchange". The concept of change involves transforming or modifying something from one state to another, often implying a difference or variation.
