Glossary
Cash Machine (Automated Teller Machine – ATM) - glossary for children
A machine that works with a payment card and a personal identification number (PIN) and allows people to take out cash. Some cash machines also allow people to put money in or pay bills.
Cash On Delivery - glossary for children
Paying for goods when they are delivered, for example, after ordering online.
Cash Payment - glossary for children
Paying for goods and services using banknotes and coins.
Cash Prize - glossary for children
Money given for an achievement or success, for example, for winning a competition, a sports event, or taking part in a project.
Cash Receipt (Fiscal or System Receipt)
A document that certifies the sale of goods or services and through which commercial activity is recorded and reported to the tax authorities. It can be a fiscal cash receipt (fiscal receipt) issued via a fiscal device, or a system receipt generated through an Integrated Automated Trade Management System (for example, in e-shops, online platforms, mobile sales applications, or retail chains with integrated POS systems, etc.). It contains mandatory details, including information about the merchant, the date and time of the transaction, a description of the goods or services, quantity, price, and total amount, including applicable VAT. Every person conducting sales is required to issue a cash receipt, except in cases where payment is made via bank transfer, cash deposit, postal money transfer, or through a payment service provider. The receipt serves as proof of payment and is required for making a claim, return, exchange, or repair of the purchased goods or services.
Cash Transfer
A payment in which the payer provides cash without having a payment account in their name, with the purpose of transferring the funds to another person's account. In this case, the restrictions under the Law on Limiting Cash Payments do not apply, but for amounts above a certain threshold, the requirements of the Law on Measures Against Money Laundering must be observed, including declaring the origin of the funds and the purpose of the transaction.
Central Bank Digital Currency (CBDC)
A digital form of a country’s national currency, issued and fully backed by the central bank. CBDCs represent a new type of money that exists only in electronic form, intended to provide a secure and efficient means of payment and store of value. Unlike cryptocurrencies, CBDCs are regulated by the government and aim to complement or replace physical cash in the economy. They can be used by individuals and businesses for everyday transactions, offering benefits such as faster payments, increased access to financial services and enhanced transparency.
Central Credit Register
A database maintained by the Bulgarian National Bank containing information on all credit obligations of individuals and legal entities, as well as how they are being serviced.
Central Government - glossary for children
The government that manages the whole country and makes important decisions for all people.
Change - glossary for children
Money given back to a buyer when they pay more than the price of a purchase.
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