The act or practice of converting something into cash or the process of handling monetary transactions.
From 'cash' plus the noun-forming suffix '-ment,' indicating an action or condition. A rare, archaic term for cash-handling operations.
Cashment is a delightfully obscure word you'll only find in old merchant documents and colonial business records—it's the kind of term that disappears when languages stop needing it, as 'cashing' became simpler.
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