| Aspect | Cash | Salary | Stipend |
|---|---|---|---|
| Definition | Physical or digital money used for transactions. | Fixed regular payment for employed work. | Small payment for learning, training, or internship. |
| Purpose | Used to buy goods, pay bills, or transfer funds. | Compensation for job duties and responsibilities. | Financial support during training or education. |
| Who Receives It | Anyone. | Employees. | Interns, trainees, or students. |
| Frequency | Anytime (depends on use). | Usually monthly or biweekly. | Monthly, weekly, or per project. |
| Nature of Income | Not income — it’s a medium of exchange. | Regular, taxable income. | Often non-taxable or minimal payment. |
| Benefits Included | None. | Usually includes benefits (health, leave, pension). | Usually no benefits — just allowance . |
