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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.

In the government’s annual budget plan last year, Ottawa pledged to spend over 80 billion Canadian dollars, equivalent to about US$59 billion, on a cash basis to upgrade the Canadian military.

From The Wall Street Journal • Feb. 16, 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

Because individuals are cash basis taxpayers, only the taxpayer who actually pays the mortgage is entitled to a deduction.

From Forbes • Dec. 30, 2014

She showed much disappointment when Marsden declined to trade except upon a cash basis.

From Flint His Faults, His Friendships and His Fortunes by Goodwin, Maud Wilder

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