Sep 6 2021

Cash Value

In our daily life, we need money. That is the cash with which we can buy everything according to market value. We can only earn money by our labour either physically or intellectually. As we need cash to buy things for our daily life, we need to keep cash twenty-four hours together with us. This is the reality, all over the world is the same.
All countries have their own currency which is the money to represent in cash. Every commodity has a price to be decided by market value, according to its demand and supply.
Some commodity, such as gold, foreign currency, stock, which are same as cash, but, those commodities need a market to be decided its price every day. Then you can turn those to cash through the function of market which decide cash value in a minute in every week days.
But, other commodities, such as house or similar property, you need a buyer to buy. Then, you can get a cash value. Property has no immediate cash value. You must find a buyer to realize your cash value.