What context can I use each word in?
Learn when and how to use these words with these examples!
encashment
Example
The encashment of the check was completed at the bank. [encashment: noun]
Example
She requested the encashment of her savings bonds. [encashment: gerund or present participle]
redeem
Example
He redeemed his loyalty points for a free hotel stay. [redeemed: past tense]
Example
She was able to redeem her reputation by admitting her mistake. [redeem: verb]
Good things to know
Which word is more common?
Redeem is more commonly used than encashment in everyday language. Redeem is versatile and covers a wide range of contexts, while encashment is less common and refers to a specific type of financial transaction.
Whatโs the difference in the tone of formality between encashment and redeem?
Encashment is typically associated with formal and financial contexts, while redeem can be used in both formal and informal contexts.