Meaning of the word "hard cash" in English

What does "hard cash" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

hard cash

US /ˌhɑːrd ˈkæʃ/
UK /ˌhɑːd ˈkæʃ/

Noun

money in the form of coins or banknotes, rather than checks, credit cards, or electronic transfers

Example:
The dealer only accepted hard cash for the car.
It's always good to have some hard cash on hand for emergencies.