Creative Cash refers to money in the physical form of currency, such as banknotes and coins. The word has various claims for sources. Some claim that the word comes from the modern French word caisse, which means "money box", coming from Provençal word caissa, from the Italian cassa, from the Latin capsa which means "box". In the 18th century, the word passed to refer to the money instead of the actual box containing it. Used as a verb it means "to convert to cash"; for example in the expression "to cash a check". Another claim is that it was derived from Tamil word kasu - meaning a coin by East India Company. In bookkeeping and finance, "cash" refers to current assets comprising currency or currency equivalents that can be accessed immediately or near-immediately (as in the case of money market accounts). Cash is seen either as a reserve for payments, in case of a structural or incidental negative cash flow or as a way to avoid a downturn on financial markets.





Initially East India Company coins were minted in England and shipped to the East. In England over time the word ‘Cash’ was adopted from the Tamil word “Kasu”, meaning ‘a coin’. East India Company coinage had both Urdu and English writing on it, to facilitate its use within trade. In 1671 the directors of The East India Company ordered a mint to be established at Bombay, known as Bombain. In 1677 this was sanctioned by The Crown, the coins, having received royal sanction were struck as silver Rupees; the inscription runs The Rupee of Bombaim, by authority of Charles II.

At about this time coins were also being produced for The East India Company at the Madras mint. The currency at The Company’s Bombay and Bengal administrative regions was The Rupee. At Madras, however, The Company’s accounts were reckoned in “Pagodas”, “Fractions”, “Fanam”, “Faluce” and “Cash”. This system was maintained until 1818 when the Rupee was adopted as the unit of currency for The Company’s operations, the relation between the two systems being 1 Pagoda equaling 3-91 Rupees and 1 Rupee equaling 12 Fanams

In Western Europe, after the collapse of the Western Roman empire, coins, silver jewelry and hacksilver (silver objects hacked into pieces) were for centuries the only form of money, until Venetian merchants started using silver bars for large transactions in the early Middle Ages. In a separate development, Venetian merchants started using paper bills, instructing their banker to make payments. Similar marked silver bars were in use in lands where the Venetian merchants had established representative offices. The Byzantine empire and several states in the Balkan area and Russia also used marked silver bars for large payments. As the world