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Cashout

   Also found in: Wikipedia 0.03 sec.
Cashout
Occurs when a firm runs out of cash and cannot readily sell marketable securities.
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1 million refinance and cashout on light industrial space in Brooklyn, N.
Madison Realty Capital by Real Estate Weekly
411, which deals with reemployment of terminated participants who previously received a cashout of their vested benefit (the formula that is used instead of the buy-back rule).
Coordinating plan loans and hardship distributions by Cvach, Gary Q. / The Tax Adviser
The company also arranged a $550,000 cashout refinance on a 25-unit walk-up apartment building in Midtown Manhattan.
Sterling Empire Funding by Real Estate Weekly
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