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cash-out
[ kash-out ]
noun
- Also cashout. a direct cash payment or a cash profit or remainder:
The store owner lived on a cash-out of fifty dollars a day.
- a payment of winnings or a cashing in of chips, as in a casino.
Example Sentences
The plaintiffs’ lawyers would also be paid from the eventual sale or cash-out; they said they would ask for no more than 39 percent of the amount received by the class.
Others have borrowed against their homes to put cash in their pockets, either with a reverse mortgage, home equity loan or cash-out refinance.
Mason and Nicole helped finance the ADU with a cash-out refinance that took six months and through a $40,000 CalHFA ADU grant, a state program administered through the nonprofit HPP Cares and designed to help low- and moderate-income California homeowners build ADUs.
A cash-out mortgage refinance is the process of replacing your existing home mortgage with a new, bigger mortgage, then taking out the difference in cash.
Keep in mind, a cash-out refinance completely replaces your existing mortgage and may change your repayment timeline or monthly payments.
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More About Cash Out
What does cash out mean?
To cash out is to exchange something, such as casino chips or stocks, for money, as in Jorge had to cash out his retirement fund when he lost his job and couldn’t find another.
Cash out is typically used in casinos, which use items such as chips or tokens to represent money you’ve won or paper slips that keep a tally of the money you’ve won. When you’re done gambling, you cash out by exchanging the items or paper slips for money.
You can also cash out stocks, bonds, and similar investment products. Instead of exchanging chips or paper slips, you’re exchanging your share of ownership in the thing you purchased for the money your ownership represents.
When referring to an exchange for money, you can also use cash in.
To cash out also means to balance a cash register at the end of a work shift. When you cash out your register, you count all of the money in the register and all of the money spent with credit or debit cards to make sure the sum matches the cost of products sold.
Example: Tanya always cashes out her register by adding the money on a piece of paper.
Where does cash out come from?
The first records of the term cash out come from around the 1970s. It combines cash, meaning “to obtain money for,” and out, meaning “so as to use the last part of,” giving a meaning of “to receive all money and leave.”
When you cash out at a casino, you’ll receive a cash-out or a cashout—the money you’ve won. A cash-out could also be a payment a business owner or worker receives as profit. Typically cash-out is used to describe the money that people receive after paying any taxes on the money.
Did you know ... ?
What are some other forms related to cash out?
- cash-out (noun)
- cashout (noun, verb)
What are some synonyms for cash out?
What are some words that share a root or word element with cash out?
What are some words that often get used in discussing cash out?
How is cash out used in real life?
Cash out is a common term used especially in relation to gambling or investing.
6 years too many I’m just waiting to cash out my share and go and live in the Maldives
— Harry (@wroetoshaw) October 19, 2019
I am taking everything and leaving no stone unturned!!! It's time to cash out!!!
— Don Billiato (@casspernyovest) May 15, 2021
🚨 RTP PSA! 🚨
Coinbase is the first crypto exchange to offer instant cashouts via Real Time Payments. Cash out up to $100,000 per transaction– available 24/7!— Coinbase (@coinbase) August 6, 2021
Try using cash out!
Is cash out used correctly in the following sentence?
“We should really cash out soon before I lose all of my winnings.”
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