verb
- converting a check, bond, or other financial instrument into cash
Usage: present participle of encash; primarily British English
Examples
- She is encashing her pension check at the bank.
- The process of encashing government bonds can take several days.
- He had difficulty encashing the foreign check.
- The bank charges a fee for encashing third-party checks.
- They are encashing their savings bonds to pay for college.
- The company policy prohibits encashing personal checks on premises.