1. able to be converted into cash or exchanged for money
Usage: finance; banking

Examples

• The gift card is cashable at any participating store.
• These bonds become cashable after five years.
• The casino chips are cashable at the front desk.
• Her stock options are not cashable until next year.
• The traveler’s checks are cashable at most banks.
• The prize is cashable within 30 days of winning.