单词 | encash |
释义 | encash encash // verb [+ obj] (BrE) (formal)
1 (Finance ; Insurance ) to exchange an investment for money: You will receive a lump sum when the policy is encashed. SYN CASH
2 (Finance ) to exchange a cheque, etc. for money: Most banks impose a charge for encashing foreign cheques. SYN CASH
encashment noun [U,C]: Policyholders will have to pay a 10 per cent charge on early encashment (= if they want the policy paid early). |
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