cashable

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cashable

The traveler presents a cashable check at the bank counter.

Definition
  1. Adjective:
    • Able to be converted into ready money or its equivalent: Describes something, typically a financial instrument, voucher, or token, that can be exchanged for its full monetary value in cash or a direct cash equivalent.
Examples of Usage
  • Adjective:
    • The casino only accepts cashable chips at the cashier's desk.
    • Please ensure your check is cashable at any major bank.
    • This bond becomes cashable upon maturity next month.
Advanced Usage
  • "Easily cashable": Emphasizes that the conversion to cash is simple and without significant barriers.
    • The traveler's checks were easily cashable at airports worldwide.
  • "Non-cashable": The opposite, meaning something cannot be converted to cash (often used for promotional offers or certain bonus features).
    • The bonus from the online betting site was non-cashable and could only be used for further wagers.
Variants and Related Words
  • Cash (verb): To exchange (a check, bond, chip, etc.) for money.
    • I need to cash this check at the bank.
  • Cashability (noun): The quality of being cashable.
    • The cashability of these vouchers is limited to one year.
Synonyms
  • Redeemable: Capable of being exchanged for something of value, often money or goods.
  • Convertible: Able to be changed into a different form, especially into cash.
  • Liquid (in finance): Describing an asset that can be quickly converted to cash with minimal loss of value.
Antonyms
  • Non-cashable: Not convertible into cash.
  • Non-redeemable: Cannot be exchanged for value.
  • Illiquid (in finance): Not easily sold or converted into cash without a substantial loss in value.
cashable

The traveler presents a cashable check at the bank counter.

Adjective
  1. able to be converted into ready money or the equivalent
    • a cashable check
    • cashable gambling chips
    • redeemable stocks and bonds
    • a redeemable coupon

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