Meaning of the word "cash out" in English
What does "cash out" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.
cash out
US /kæʃ aʊt/
UK /kæʃ aʊt/
Phrasal Verb
1.
to convert non-cash assets into cash
Example:
•
He decided to cash out his investments.
•
Many people are looking to cash out their cryptocurrency holdings.
2.
to receive all the money you are owed, especially when leaving a job or closing an account
Example:
•
After working for years, she finally decided to retire and cash out.
•
The company offered a severance package to employees who chose to cash out early.
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