Encash

/ɪnˈkæʃ/

Definition 1 of 1

Pro Tip 1/3

Encash is often used in banking or financial environments when referring to liquidating assets or instruments.

After winning the lottery, she went to encash her winning check.

Pro Tip 2/3

Using 'encash' implies the need or desire to have the money available for use immediately.

They needed to encash the travelers' checks to pay for the hotel.

Pro Tip 3/3

Encash specifically means to turn into cash, not just to deposit in a bank account.

I don't just want to deposit my bonus check; I want to encash it and celebrate.

Cash inRedeemWithdraw

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