Cash-out

Pronunciation: /ˈkæʃ- ˈaʊt/

Cash-out (verb)

  1. To change money in an account or investment into physical banknotes or coins.
  2. To sell an asset and receive payment, usually to end the investment.
  3. To remove gains from a deal or position before the full result is known.

Examples

  • The company cashes out its assets to get cash quickly.
  • You can cash out your savings when you need money.