cashout
noun [ C ] finance & economics specialized (also cash out) uk/ˈkæʃ.aʊt/ us/ˈkæʃ.aʊt/
套现
an occasion when money is given in exchange for something that has a value, or the money itself
We used the cashout as the down payment for our next loan.
In a cash out situation, the proprietors want to sell their shares to turn paper wealth into real wealth. 在套现的情况下，经营者希望出售他们的股份，把纸面财富变成实际财富。
- More examples
- When you leave the company find out what financial benefits, such as unused vacation pay or stock option cashouts, you’re entitled to.
- Cash outs from home-owners taking out bigger mortgages have fallen.
- I want to do a cash out refinance on my mortgage in order to get a down payment for an income property.