The bonus will be paid on encashment of the bonds. Early encashments will result in a lower rate of interest.

Encashment definition: (finance) The <a>payment</a> in <a>cash</a> of a <a>note</a>, <a>draft</a>, etc.

Definition of 'encashment' encashment in British English noun the act or process of exchanging a cheque for cash

Did you actually mean encasement or engagement? Encashment refers to the process of converting a financial instrument, such as a check, money order, or traveler's check, into cash.

Definition of encashment noun in Oxford Advanced Learner's Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more.

May 17, 2025 · encashment (countable and uncountable, plural encashments) (finance) The act of encashing; the exchange for money of a check, draft, etc. synonym Synonym: cashing …

Encashment refers to the process of turning something, like a check or a bond, into actual cash.

Dec 12, 2016 · The meaning of ENCASH is cash.

Meaning of Encashment as a finance term. What does Encashment mean in finance?

encashment, n. meanings, etymology, pronunciation and more in the Oxford English Dictionary