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cash something in (or North American cash out)

Definition of cash something in or North American cash out in English:

Convert an insurance policy, savings account, or other investment into money: hundreds of savers cashed in their investments
More example sentences
  • The decision with-profits investors have to make is whether to keep their investments or to cash them in.
  • Young investors have more opportunities for riskier financial plans as they are not dependent on it for an income and can wait to cash it in when their investments are at a high.
  • A puzzler for the impaired - what sort of ‘asset’ requires that you borrow more money to cash it in?
See parent entry: cash

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Word of the day orthoepy
Pronunciation: ˈɔːθəʊɛpi
noun
the correct or accepted pronunciation of words