Definition of cash sale in English English dictionary
A transaction on the floor of the Stock Exchange that calls for delivery of the securities the same day In regular stock trades, the seller is to deliver on the third business day Bonds must be delivered on the next day after a trade
A transaction in which the delivery of securities and payment must occur on the same day that the trade was executed Denoted by the " C" modifier
A sale in which cash only is received for the total amount of the sale, at the time of the sale
On the day that a trade is executed, the securities are required to be delivered
A transaction on the floor of the stock exchange that calls for delivery of the securities the same day In "regular way" trade, the seller is to deliver on the third business day, except for bonds, which are the next day