# Cash Payment

**IRI:** https://folio.openlegalstandard.org/RCZcYRC2pCgLbf00ULCGqd4

## Labels

## Definition

Cash Payment involves the physical transfer of paper money or coins between parties to settle a financial obligation. It is one of the oldest and simplest forms of payment, often used for in-person transactions.

## Sub Class Of

- https://folio.openlegalstandard.org/R8V9Ma3IrggNq0pxeXl8Re5

**Deprecated:** False