bilnaqd

Bilnaqd is a term used in several languages, including Arabic and Urdu, to designate a payment made in cash rather than by credit, check, or electronic transfer. The phrase is typically written as bil-naqd in Arabic script and transliterated as bilnaqd in Latin script. In usage, bilnaqd signals that the buyer must pay the full amount at the time of purchase with physical currency or its immediate equivalent, and that the seller is not providing credit terms.

Etymology and meaning: The term combines the preposition bi- meaning "with" or "in" and naqd meaning "cash" or "hard money," from the Arabic root naqad. Together they mean “in cash.”

Usage and context: Bilnaqd appears in sales contracts, invoices, and price lists, particularly in Arabic-speaking markets and in Urdu- and Persian-influenced commerce. It is often contrasted with terms implying installment payments, credit, or deferred payment, such as "on credit" or "cash on delivery" in some contexts.

Advantages and limitations: Paying in cash offers immediate liquidity for the seller and reduces credit risk but can raise concerns about security, portability, and money-laundering controls. In many countries, laws require record-keeping and reporting of cash transactions above certain thresholds.

Notes: In non-Arabic contexts, the concept is described similarly, even if the exact term is not used. Modern commerce increasingly emphasizes non-cash payments, though bilnaqd remains a recognized designation for cash transactions in relevant markets.