BONDED a.
Placed under, or covered by, a bond, as for the payment of duties, or for conformity to coertain regulations. Bonded goods, goods placed in a bonded warehouse; goods, for the duties on which bonds are given at the customhouse. -- Bonded warehouse, a warehouse in which goods on which the duties are unpaid are stored un…
CASH n.
Immediate or prompt payment in current funds; as, to sell goods for cash; to make a reduction in price for cash. Cash account (Bookkeeping), an account of money received, disbursed, and on hand. -- Cash boy, in large retail stores, a messenger who carries the money received by the salesman from customers to a cashier,…
COMMUTATION n.
A substitution, as of a less thing for a greater, esp. a substitution of one form of payment for another, or one payment for many, or a specific sum of money for conditional payments or allowances; as, commutation of tithes; commutation of fares; commutation of copyright; commutation of rations. Angle of commutation (A…
COMMUTE v.
ge; to put or substitute something else in place of, as a smaller penalty, obligation, or payment, for a greater, or a single thing for an aggregate; hence; to lessen; to diminish; as, to commute a sentence of death to one of imprisonment for life; to commute tithes; to commute charges for fares. The sounds water and f…