Készfizet

Készfizet is a Hungarian term that translates to "ready money" or "cash payment." It refers to the settlement of a financial transaction using immediately available funds, typically physical currency or an equivalent readily accessible digital form. This contrasts with payment methods that involve credit, deferred payments, or other forms of financial instruments that require time to be realized.

In commercial transactions, "készfizet" signifies that the buyer is not incurring debt and the seller receives the full value of the transaction at the point of sale. This can be advantageous for both parties by avoiding interest charges or the complexities associated with credit arrangements. The term is often used in everyday language when discussing purchases, particularly for smaller items or when a discount is offered for immediate payment.

Historically, "készfizet" was the primary method of transaction before the widespread adoption of modern banking and credit systems. While electronic payment methods have become increasingly prevalent, the concept of ready money remains relevant in various economic contexts. It implies a direct and uncomplicated exchange of value, free from the obligations and risks associated with extended payment terms.