encash

Meanings

• Verb

  To convert a check or other negotiable instrument into cash.

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Variants

List of all variants of encash that leads to same result
encash , encashable , encashed , encashes , encashing , encashment , encashments

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Etymology

origin and the way in which meanings have changed throughout history.

From English 'encash' meaning to convert a check or other negotiable instrument into cash.

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Trivia

Any details, considerations, events or pieces of information regarding the word

1. Encashing a check typically involves endorsing the back of the check with your signature and presenting it to the bank or other financial institution.

2. Encashing a check may incur fees depending on the financial institution and the type of account.

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Related Concepts

informations on related concepts or terms closely associated with the word. Discuss semantic fields or domains that the word belongs to

1. deposit: The action of putting money into a bank or other financial institution for safekeeping and earning interest.

2. withdraw: The action of taking money out of a bank or other financial institution.

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How to Memorize "encash"

1. visualize
   

   - Visualize the process of depositing a check into a bank and then receiving cash from an ATM or from the bank teller.

2. associate
   

   - Associate the word 'encash' with the idea of converting a check or other negotiable instrument into cash.

3. mnemonics
   

   - Use the mnemonic 'Earn Cash' to remember the meaning of 'encash'.

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