Definition

1. Verb (Finance/Accounting):
   • To encash: To receive and convert a check, bond, or other financial instrument into cash.
   • To make a cash entry / to record into cash: To formally record a receipt of money into the cash account or cash fund of an organization.

Usage Examples

• Verb:
  • Công ty vừa nhập quỹ một khoản tiền mặt lớn. (The company just encashed a large sum of money.)
  • Kế toán cần nhập quỹ số tiền thu được từ khách hàng ngay. (The accountant needs to record the money received from the client into the cash fund immediately.)

Advanced Usage

• The term is primarily used in formal business, accounting, and financial contexts. It implies an official action of adding physical cash or its equivalent to an organization's treasury or cash register and documenting this transaction.

Variants and Related Words

• Thu tiền mặt (v): to collect cash. This is a more general term for receiving cash, without the specific connotation of formal accounting entry.

  • Nhân viên đi thu tiền mặt từ các đại lý. (The staff goes to collect cash from the agents.)

• Ghi có vào quỹ (v): to credit to the fund. A related accounting phrase.

  • Khoản thanh toán này sẽ được ghi có vào quỹ. (This payment will be credited to the fund.)

Synonyms

• Encash: To convert into cash.
• Cash: To exchange for cash (e.g., to cash a check).
• Record a cash receipt: To log money received into the cash account.

Related Terms

• Xuất quỹ (v): The opposite action, meaning to disburse cash from the fund or to make a cash payment entry.

  • Phải có chữ ký để được xuất quỹ. (A signature is required to disburse cash from the fund.)

• Quỹ tiền mặt (n): cash fund; treasury.

  • Quỹ tiền mặt của công ty được quản lý chặt chẽ. (The company's cash fund is tightly managed.)

1. Encash, make an entry to the cash