Finance:Same as cash
From HandWiki
Short description: Term used in retail to attract buyers
In retailing, same as cash is a term used by retailers to offer things which you can buy without paying any interest, usually within 30, 60, or 90 days, and occasionally six months. It is a deferred payment on purchases. If the payment becomes overdue interest would be charged from day one at the pre specified interest rate.[1]
This kind of finance is usually offered by furniture, consumer electronics and car retailers.[2]
Others similar terms used are interest free purchasing.
See also
References
Original source: https://en.wikipedia.org/wiki/Same as cash.
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