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cash on hand. Definition. Funds that are immediately available to a business, and can be spent as needed, as opposed to assets that must be sold to generate cash. The amount of cash on hand determines what projects a company can undertake, or what financial hardships can be absorbed, without going into debt or arranging other financing.
Well, I personally use the phrase cash a check to mean that I'm taking a check to the bank to get the amount in cash. Others probably use it interchangably to mean deposit a check, which I'd say means taking a check to the bank with the intent to deposit it (either in full or partially) into an account. YMMV.