Updated: Aug 20, 2021

Generically this term is applied to a person who has the responsibility of accounting for cash transactions and keeping a record thereof. In a narrower sense it denotes a particular job at a bank – normally that of handling cash transactions with the public at the bank counter.

Reference: The Penguin Business Dictionary, 3rd edt.

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James Knight
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James is the Editor of Education for Invezz, where he covers topics from across the financial world, from the stock market, to cryptocurrency, to macroeconomic markets.... read more.