Definition of encash in English:

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Pronunciation: /ɪnˈkaʃ/
Pronunciation: /ɛnˈkaʃ/


[with object] British
Convert (a cheque, money order, bond, etc.) 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 investors similar maturity ‘windows’ during which they are guaranteed to receive the capital they invested, should they decide to encash the bond.
  • Customers will be able to deposit cash and cheques, and to encash personal cheques up to the value of their cheque guarantee card.
  • He encashed a cheque and when he started distributing the cash to the staff members present in the bank he found some was missing.



Example sentences
  • In order to sell the policies people are led to believe that the policies are encashable upon diagnosis of the disease.


Pronunciation: /ɪnˈkaʃm(ə)nt/
Pronunciation: /ɛnˈkaʃm(ə)nt/
Example sentences
  • The umbrella approach ensures flexibility, but incurs tax on all the investments in the portfolio on encashment, regardless of the number of funds being cashed in.
  • The firm will be hoping that the move, which will reduce the value of any encashments by 10 per cent, will encourage investors not to withdraw their cash.
  • It provides tax-free investment growth but applies an exit tax of standard rate, plus 3 per cent on any gain realised on encashment.

Words that rhyme with encash

abash, ash, Ashe, bash, brash, cache, calash, cash, clash, crash, dash, flash, gnash, hash, lash, mash, Nash, panache, pash, plash, rash, sash, slash, smash, soutache, splash, stash, thrash, trash

For editors and proofreaders

Line breaks: en¦cash

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