encashing

[en-kash-ing]

encashing Definition

to convert a financial instrument or asset into cash.

Using encashing: Examples

Take a moment to familiarize yourself with how "encashing" can be used in various situations through the following examples!

  • Example

    He encashed his check at the bank.

  • Example

    The company is planning to encash its investments.

  • Example

    She encashed her savings bonds to pay for college.

encashing Synonyms and Antonyms

Synonyms for encashing

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Summary: encashing in Brief

'Encashing' [en-kash-ing] is a verb that means to convert a financial instrument or asset into cash. It is commonly used when referring to checks, bonds, or other financial instruments. Examples include 'He encashed his check at the bank' and 'The company is planning to encash its investments.'