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Farm Business
Agricultural Matters
Cash is King or Not?
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<blockquote data-quote="egbert" data-source="post: 7743689" data-attributes="member: 9965"><p>I often find a worrying lack of understanding in the subtle terminology.</p><p></p><p>Fastfood being paid for in 'cash' doesn't mean a thing - unless the vendor isn't declaring it.</p><p>'Cash' in this instance is merely the simple form of folding, highly mobile instant payment.</p><p></p><p>And then, someone trying to obtain a 'discount for cash' might in fact be offering an immediate settlement, and be paying through other media, rather than exchanging folding money, or expecting credit. A 'cash sale' can merely mean the payment is being made at the moment of transaction.</p><p></p><p>When someone comes to me trying to buy goods or services for 'cash' and not wanting a receipt, the presumption is often that they're spending money they can't account for. </p><p>Some of them, [USER=42710]@stewart[/USER] , aren't after a discount, but needing to turn hot cash into other media.</p><p>(And for the avoidance of doubt, and visiting gov employees, I would never ever be party to such a deal)</p><p>'Cash' in that instance is likely to be undeclared 'black money', and highly risky to be handling in quantities bigger than you would want to widdle against the wall on the weekend.....</p><p></p><p>Be sure you know which you're talking about!</p></blockquote><p></p>
[QUOTE="egbert, post: 7743689, member: 9965"] I often find a worrying lack of understanding in the subtle terminology. Fastfood being paid for in 'cash' doesn't mean a thing - unless the vendor isn't declaring it. 'Cash' in this instance is merely the simple form of folding, highly mobile instant payment. And then, someone trying to obtain a 'discount for cash' might in fact be offering an immediate settlement, and be paying through other media, rather than exchanging folding money, or expecting credit. A 'cash sale' can merely mean the payment is being made at the moment of transaction. When someone comes to me trying to buy goods or services for 'cash' and not wanting a receipt, the presumption is often that they're spending money they can't account for. Some of them, [USER=42710]@stewart[/USER] , aren't after a discount, but needing to turn hot cash into other media. (And for the avoidance of doubt, and visiting gov employees, I would never ever be party to such a deal) 'Cash' in that instance is likely to be undeclared 'black money', and highly risky to be handling in quantities bigger than you would want to widdle against the wall on the weekend..... Be sure you know which you're talking about! [/QUOTE]
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Cash is King or Not?
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