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cash basis

American  

noun

  1. a method of recording income and expenses in which each item is entered as received or paid.


Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

Contorno is one of a small cohort of people who opt to buy healthcare largely on a cash basis.

From The Wall Street Journal • Apr. 18, 2026

“All in, just on a cash basis, these projects are making anywhere from 8 to 15 percent,” he said.

From Slate • Mar. 6, 2025

Because big banks and credit card companies have shunned the industry, it largely operates on a cash basis.

From Seattle Times • May 7, 2022

The IRS, Tax Court, and the Third, Fifth and Eighth Circuits take the position that federal income taxes paid by a cash basis corporation reduces E&P only in the year of payment.

From Forbes • Aug. 26, 2014

The second mode of settlement, other than on a cash basis, is by borrowing and loaning balances without interest.

From Readings in Money and Banking Selected and Adapted by Phillips, Chester Arthur

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