cash in

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cash in

A man decides to cash in his savings bonds at the bank.

Definition

Verb (transitive or intransitive) 1. To exchange something for its monetary value in cash: To convert a financial instrument (like a check, bond, or chip) or an asset into physical currency or its immediate equivalent in a bank account. 2. To profit from or take advantage of a situation: To obtain a benefit, often financial, from an opportunity, typically by selling something at an opportune time.

Usage and Examples
  • Verb (transitive) - Exchanging for cash:
    • I need to cash in this winning lottery ticket.
    • She cashed in her savings bonds to pay for the trip.
  • Verb (intransitive) - Profiting from a situation:
    • Investors cashed in when the stock price peaked.
    • The author cashed in on the success of her first novel by writing a sequel.
Advanced Usage and Nuances
  • "to cash in one's chips": This idiom originates from gambling, where players exchange poker chips for money. It is often used euphemistically to mean "to die."
    • After a long and successful career, the old gambler finally cashed in his chips.
  • The phrase often implies a final or decisive action, converting something non-liquid into usable money.
Variants and Related Words
  • Cash (verb): The base verb, meaning to give or get cash for a check or other note. (e.g., )
  • Cashable (adjective): Able to be converted into cash.
  • Cash-in (noun, informal): The act of cashing in, or the profit obtained from it.
Synonyms
  • Redeem: To exchange for something of value, often used for bonds or coupons.
  • Encash: A more formal term for converting into cash (common in British English).
  • Capitalize on: To use a situation to gain an advantage (similar to the "profit from" meaning).
Phrasal Verbs and Constructions
  • Cash in on [something]: This is the most common construction for the "profit from" meaning. It requires the preposition "on."
    • The company is cashing in on the latest health trend.
    • He cashed in on his fame by starting a clothing line.
Related Idioms
  • Cash cow: A business, product, or asset that generates a steady, reliable flow of income or profit.
    • The classic textbook became a cash cow for the publisher.
  • Hard cash: Physical money in the form of bills and coins.
    • They demanded payment in hard cash.
cash in

A man decides to cash in his savings bonds at the bank.

Verb
  1. exchange for cash
    • I cashed the check as soon as it arrived in the mail

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