cash out


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cash out

1. To sell an asset in exchange for money, often during times of hardship. I had so many legal expenses that I had to cash out by selling my house and moving into a studio apartment.
2. To count the money that a business has earned at the end of the business day. Your shift was over an hour ago, so you guys go on home—I'll cash out.
3. To pursue a simpler or calmer lifestyle, often by changing one's job or retiring from work altogether. Come on, you're 70 years old! It's time for you to cash out and spend more time at your vacation home.
4. To withdrawal funds from a bank or retirement account, perhaps depleting it. Sheila had saved so much money over the years that she finally cashed out and moved to an island. You're too young to cash out your 401(k) without incurring penalties.
5. To exchange one's chips for money after gambling. You should cash out now while you're ahead, before you start losing again.
See also: cash, out

cash out

v.
1. To count the money made by a business at the end of the day: When the last customer leaves the store, the owner locks the doors and cashes out.
2. To sell some asset in order to have access to cash: Some farmers are tempted to cash out by selling their valuable land.
See also: cash, out
References in periodicals archive ?
But no cash outs and interests were given to Ala, although he was promised a return of from 58 percent to 62 percent in 16 to 17 days for the three tranches investments he had made.
Bank Audi's presence on the spot educates kids on various banking transactions, namely cash outs, deposits, opening accounts, saving money, buying and using credit cards, and using ATMs.
The recipe of graham wafers, cashews enrobed in white chocolate and packaged in classy gift box packaging made it to the front of Wal-Mart cash outs this Christmas.
More than 2 million in cash outs by players at slots site http://JackpotParty.
It refinances buy outs as well as cash outs for property sector investors and will be open to further customizing financing options for all segments of the property sector.
Specifically, the department's regulations on automatic rollovers provide safe harbor relief in connection with cash outs of small account balances of terminated employees that are rolled over into an individual retirement account, which in turn is invested in a product designed to 'preserve principal and provide a reasonable rate of return, whether or not such return is guaranteed, consistent with liquidity.
In 2010 alone, disbursements for all Employer-based plans in the form of benefit payments, withdrawals and lump sum cash outs are estimated to be $700 billion or about 7% of total private and public sector institutional retirement plan assets.