cash in hand
noun[U]
(alsocash-in-hand)ukusACCOUNTING,FINANCE
anamountofcashacompanyhasavailableafter allitscostshave beenpaid:
Heintendedto have afinancingpackageinplacebyJuneand to have somecashinhandbysummer.
Thedealleavesthecompanywith £25mcashinhandtobuynewstock.
MONEY,COMMERCE
moneytopaythewholecostofgoodsorservicesimmediately,ratherthanpaymentby anothermethodsuch ascredit:
Forbuyerswho do not havecashinhand,specialistmarinemortgagesforboatsareavailable.
cash in hand
adverb,adjective
(alsocash-in-hand)ukusMONEY,COMMERCE
involvingpaymentforgoodsorservicesimmediatelyusingcash,ratherthan bycheque,creditcard, etc,especiallywhen this is a way for thepersonbeingpaidtoavoidtax:
He makes at least £300 aweek,cashinhand.
cash-in-handjobs