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Definitions from the Web

Encash

Definition:

verb (transitive)

To convert an asset or financial instrument into cash.

Sense 1:

verb

To cash a check or convert a non-cash financial instrument into money.

Example Sentences:

• She decided to encash the old traveler's cheque at the bank.
• The company allows its employees to encash their vacation days if they prefer cash instead of taking time off.

Related Products:

Checkbook

Traveler's Cheque

Financial Instruments