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

Employers are also legally allowed to cash out small 401(k) balances and send workers a check. —Greg Iacurci, CNBC, 16 Oct. 2024

Federal officials said that Wimbley then laundered the money by visiting the Commerce Casino and Hotel in Commerce beginning Feb. 10 through March 8, purchasing about $34,500 in gambling chips and cashing out about $168,700. —Ruben Vives, Los Angeles Times, 10 Oct. 2024

State of play: The company is initially focused on the online sports betting market, where the ability to fund accounts — and cash out winnings instantly — is a key differentiator. —Ryan Lawler, Axios, 12 Sep. 2024

Trump mastered the algorithmic era of social media, where outrage and controversy cashed out as engagement. —Ezra Klein, The Mercury News, 14 Aug. 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