CASH BASIS • FREE TRANSLATOR.ORG • Definition of Cash basis

"Cash basis" Quotes from Famous Books

... appropriate to gratefully record the names of those who have most signally aided us in the management of the finances, so as to keep them locally on a cash basis, namely, the Security State bank of Rockwell City, Ia.; 1st National bank of Valliant; and in succession the following dealers in Valliant: O'Bannon & Son; A. J. Whitfield and Planters ...

— The Choctaw Freedmen - and The Story of Oak Hill Industrial Academy • Robert Elliott Flickinger

... others who were ready to chance money on the strength of Bill's statements. The company was duly incorporated, with an authorized capital of one hundred thousand dollars, five thousand dollars' worth of stock being taken out by each on a cash basis—the remaining seventy-five thousand lying in the company treasury, to be held or sold for development purposes as the five saw fit when work began to show what the claims were capable ...

— North of Fifty-Three • Bertrand W. Sinclair

... him in touch with two others who were ready to chance money on the strength of Bill's statements. The company was duly incorporated, with an authorized capital of one hundred thousand dollars, five thousand dollars' worth of stock being taken out by each on a cash basis—the remaining seventy-five thousand lying in the company treasury, to be held or sold for development purposes as the five saw fit when work began to show what the claims were ...

— North of Fifty-Three • Bertrand W. Sinclair

... final decision to buy a piece of property financial details come to the fore. An "all cash basis" is not uncommon these days and often brings a sizable reduction in the asking price. Where a mortgage is desired, fifty per cent of the purchase price must be cash for house and land, or the entire amount on unimproved land. With the latter, the mortgage ...

— If You're Going to Live in the Country • Thomas H. Ormsbee and Richmond Huntley

... happened which contributed to the stability of the automobile. One was the fact that automobile-selling, from the start, had been on a strictly cash basis. Yet how many people save those in the business, or who have bought cars, know ...

— The Great Events by Famous Historians, Vol. 21 - The Recent Days (1910-1914) • Charles F. Horne, Editor