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 ?
408€ in total cash outs in December 2011, making it the highest number of winning players on record and the highest payout amount since 2009.
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.
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.
Guarantees that 100% of all deposits and cash outs are handled securely, and processed in a timely manner.
All cash outs following wins in the online casino are guaranteed to be processed in a fast and secure manner, with all transactions assured by industry watchdog eCogra.
Because these potential cash outs are detected sooner, costly emergency cash runs can be eliminated.
Golden Nugget customers will also enjoy the benefit of instant cash outs when completing their online gaming session.