also "cash on the barrelhead". Means that you give me cash, and I'll give you the product at that time. No credit no delivery.
Buddy: You ever think about selling that old juicer?
Barbara: I'll give it to you for $20 - cash on the barrel.
Buddy: OK, here is the money.
Barbara: Thank you, here is the juicer.
Buddy: It has been a pleasure doing business with you.
Barbara: The feeling is mutual.
Barbara: I'll give it to you for $20 - cash on the barrel.
Buddy: OK, here is the money.
Barbara: Thank you, here is the juicer.
Buddy: It has been a pleasure doing business with you.
Barbara: The feeling is mutual.
by smoo-smoo-smoo October 7, 2010
by T. Polkinghorne April 6, 2009
it means basically 'cash and carry'... you pay someone cash on the spot (placing the cash atop a barrel that's for sale) and they in turn release the goods to you right then and there - and you carry it (the barrel) away!
I see that you're selling your car on line. Can I give you cash on the barrel head and I drive away with the title?
by muchomojo4u September 23, 2013