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encash vs encashment

Both 'encash' and 'encashment' are correct, but they are used in different contexts. 'Encash' is a verb that means to convert a financial instrument into cash, while 'encashment' is a noun referring to the action or process of converting something into cash.

Last updated: March 08, 2024

encash

The word 'encash' is a valid verb in English, meaning to convert a financial instrument into cash.

Use 'encash' when you want to express the action of converting a financial instrument, such as a check or a bond, into cash.

Examples:

Please encash this check at the bank.
I need to encash this bond to have access to the funds.

Show examples from the web [+]

encash. (ɪnˈkæʃ). vb. 1. (Banking & Finance) (tr) Brit to exchange (a cheque) for cash. enˈcashable adj enˈcashment n. Collins English Dictionary ...
verb en·cash \in-ˈkash, en-\. Definition of ENCASH. transitive verb. British. : cash. — en·cash·able \-ˈka-shə-bəl\ adjective, chiefly British. — en·cash·ment
encash (third-person singular simple present encashes, present participle encashing, simple past and past participle encashed). To convert a financial ...
into money: after the payment of one year's contribution you may encash your bond at any time. More example sentences. Some products will subsequently offer ...

Alternatives:

cash in
convert into cash
redeem for cash
exchange for cash
turn into cash

encashment

The term 'encashment' is a valid noun in English, referring to the action or process of converting something into cash.

Use 'encashment' when you want to refer to the process or action of converting something, such as a financial instrument, into cash.

Examples:

The encashment of the check will be done at the bank.
The encashment of the bond is necessary to access the funds.

Show examples from the web [+]

encashment. [ɪnˈkæʃmənt] N → cobro m. Collins Spanish Dictionary - Complete and Unabridged 8th Edition 2005 © William Collins Sons & Co. Ltd. 1971 ...
encashment (countable and uncountable, plural encashments). (finance) The payment in cash of a note, draft, etc. Part or all of this entry has been imported from ...
encashment. 2. Pronunciation: /ɪnˈkaʃm(ə)nt/. /ɛnˈkaʃm(ə)nt/. noun. Example sentences. The umbrella approach ensures flexibility, but incurs tax on all the ...
Examples. We oppose such acts of 'encashment' exploiting a person's weakness, '' he asserted. ... Lists. These user-created lists contain the word 'encashment'.

Alternatives:

conversion into cash
cashing in
redeeming for cash
exchanging for cash
turning into cash

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