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cash basis
noun
- a method of recording income and expenses in which each item is entered as received or paid.
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Example Sentences
Because big banks and credit card companies have shunned the industry, it largely operates on a cash basis.
From Seattle Times
It added that the deal is minimally dilutive to its earnings per share and is not expected to be dilutive on a cash basis.
From Reuters
She said she could not because the firm operates on a cash basis, recording money when it comes in rather than when it is earned.
From Washington Post
On a cash basis, the trade was neutral.
From Washington Times
“It gives you access to things you couldn’t afford on a cash basis. It doesn’t mean you can’t really afford it.”
From The Verge
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