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cash basis

noun

  1. 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.

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.

On a cash basis, the trade was neutral.

“It gives you access to things you couldn’t afford on a cash basis. It doesn’t mean you can’t really afford it.”

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