Question

What is cash transaction?​

Answer 1

Answer:

A cash transaction is the immediate payment of cash for the purchase of an asset. Some market stock transactions are considered cash transactions although the trade may not settle for a few days. A futures contract is not considered a cash transaction.

Answer 2

Explanation:

A transaction that involves the immediate exchange of cash for an asset. A cash transaction is the opposite of a futures contract, which involves the exchange of an asset at a later date and at a set price.