encashment - definition, thesaurus and related words from WordNet-Online

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encashment

Definitions from the Web

Term: Encashment

Definition:

The process of converting a financial instrument or asset into cash.

Examples:

The encashment of the cheque will take place tomorrow.
Please provide your bank details for the encashment of the funds.

Synonyms:

Conversion
Redemption
Monetization

Related Products:

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