Meaning & use

cash in transit

noun·Advanced

Last updated

UK/ˌkæʃ ɪn ˈtrænzɪt/
US/ˌkæʃ ɪn ˈtrænzɪt/

Meaning

  1. noununcountablebusiness

    Money that is being carried between places, such as from a shop to a bank, usually by a security company.

    Grammar: Used without an or the in general talk: cash in transit is insured.

    Patterns

    • cash in transit to something

    Guards in armored vehicles protect cash in transit.

    The insurance policy covers cash in transit but not cash left overnight.

    Police warned that cash in transit had become a target for thieves.

Common combinations

cash-in-transit van
A cash-in-transit van pulled up outside the bank.
cash-in-transit robbery
The cash-in-transit robbery took less than two minutes.
cash-in-transit guard
The cash-in-transit guard carried the box inside.
cash-in-transit insurance
The shop paid for cash-in-transit insurance.
protect cash in transit
The firm specializes in how to protect cash in transit.

Synonyms and how they differ

cash delivery
Cash delivery is a plain description, while cash in transit names the risk category in security work.

Word family

transit noun
The act of moving things from one place to another.
transport verb
To carry goods or people from one place to another.

Commonly confused: cash in transit or cash flow?

cash in transit vs cash flow

Cash flow is the movement of money in and out of a business, not money being physically carried.

Practice

A security firm insures money while it is being moved from stores to a bank. This money is called ___.

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