Trouble by TELLME: Precisely what is meant through the expression “COLD CASH?” How did it originate?
Is it the exact opposite of “HOT MONEY?”
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Answer:
Solution by Richard
Cold cash usually means readily accessible money (definitely not a check, definitely not plastic, definitely not an IOU, definitely not a little something valuable – like jewels). Within the days just before paper money most cash ended up being metal. Perhaps even folks who might take items as barter throughout the summer (like vegetables), in most cases demanded cash throughout the winter. The metal disks might be cold in winter, for that reason cold cash. Hard currency includes a similar meaning.
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