cash out

verb

cashed out; cashing out; cashes out

transitive verb

: to convert (noncash assets) to cash

cash out stocks

intransitive verb

: to convert noncash assets to cash

cash-out

ˈkash-ˌau̇t 

noun

Examples of cash out in a Sentence

Recent Examples on the Web

Don’t cash out if the market drops In a bear market, some retirement savers panic and sell, hoping to protect their savings from further losses. —Daniel De Visé, USA TODAY, 13 Dec. 2024

People who hop around a lot may cash out an old workplace retirement plan, or be tempted to pull cash out of the previous one and enroll in a new one at a much lower default contribution rate. —Ryan Ermey, CNBC, 6 Dec. 2024

This turns into a game of chicken, as other traders intent on cashing out know there's likely to be a sell-off at a key price. —Brady Dale, Axios, 27 Nov. 2024

But as recently as last week, Gov. Gavin Newsom — who opposed the ballot measure — said those funds were secured with specific plans in mind, and cannot be easily redirected or cashed out to fulfill the pledges of Proposition 36. —Robert Salonga, The Mercury News, 6 Nov. 2024

Word History

First Known Use

1971, in the meaning defined at transitive sense

Legal Definition

cash out

transitive verb

1

: to prematurely redeem the securities of (a holder) often as part of a merger

the merging company will cash out the minority shareholders

2

a

: to accept payment for (a security) in full often unwillingly

the shareholders were required to cash out their shares

b

: to dispose of (one's goods or assets) by sale

cashed out his investment

cash-out noun