What context can I use each word in?
Learn when and how to use these words with these examples!
encashed
Example
I encashed my paycheck at the bank. [encashed: past tense]
Example
The winner of the contest encashed their prize money at the sponsor's office. [encashed: verb]
redeem
Example
I redeemed my coupon for a free meal at the restaurant. [redeemed: past tense]
Example
The customer redeemed their loyalty points for a discount on their purchase. [redeemed: verb]
Good things to know
Which word is more common?
Redeem is more commonly used than encash in everyday language. Redeem is a versatile word that can be used in various contexts, while encash is less common and typically used in the context of financial transactions.
Whatโs the difference in the tone of formality between encashed and redeem?
Both encash and redeem are formal words that are commonly used in business or financial contexts. However, encash may be considered more formal due to its association with banking and financial institutions.