Definition of ready money in US English:

ready money

(also ready cash)

noun

  • Money in the form of cash that is immediately available.

    ‘you might find yourself without the ready money you need to snap up a bargain’
    • ‘The next day, a friend brought him to the basement of a certain seaside home, where they met with two mysterious strangers, guys who had ready cash and a taste for offbeat investments.’
    • ‘Where the production of such a document is not required and the balance is payable on demand, the balance is considered ready money.’
    • ‘In cash terms, however, maize production was a net drain on ready money: cash payments exceeded the value of sales by $132.’
    • ‘Fall and winter were ideal times to increase furniture stock because successful planters had ready money from the annual cotton sales.’
    • ‘So it needs plenty of ready cash to buy before competitors do.’
    • ‘In the UK assessment can take into account how much ready cash you have in savings or investments.’
    • ‘In other words, it will take time to get your hands to turn capital in your property into ready cash.’
    • ‘Borrowing from family or friends can provide ready cash, easier terms, and a longer repayment period than traditional sources of debt financing.’
    • ‘For a few thousand dollars in ready cash, the newly hired private guards give up the possibility of a lifelong guaranteed retirement income.’
    • ‘Still, it looks like a good business opportunity for someone with an immediate need for huge amounts of ready cash.’
    • ‘But the rise of cottage industries and the availability of ready cash has brought more recreational activities.’
    • ‘But paper profits on houses cannot usually be turned easily into ready cash - and there is a risk of static, or even falling, house prices in 2003.’
    • ‘The dotcom crash shows that investing successfully in start-ups demands more than just large sums of ready cash.’
    • ‘A company with plenty of ready cash can invest in its future growth, perhaps by making an acquisition or funding research and development.’
    • ‘There are several reasons why you need a pot of ready cash: to cope with unforeseen emergencies and unexpected bills, to save for holidays and other goals, etc.’
    • ‘Households now hoard cash - there is a boom in cash boxes - even keeping ready money in the fridge.’
    • ‘Its main selling point is that ready cash is lent at the much cheaper rates than apply to mortgages.’
    • ‘They are willing to absorb the cost of the interest differential if such a practice assures them of instant access to ready cash.’
    • ‘The spiralling cost of houses means that a home is a huge outlay in terms of borrowing and ready cash.’
    • ‘Another worry is that while retail investors often lack ready cash of their own, many lenders seem all too willing to bankroll them through both personal and margin loans.’
    cash, hard cash
    View synonyms

Pronunciation

ready money

/ˈˌrɛdi ˈməni/