Cashout

(redirected from Cash-out)

Cashout

Occurs when a firm runs out of cash and cannot readily sell marketable securities.

Cashout

A situation in which a person or company is cash poor and cannot meet expenses and is also unable to sell its assets easily to raise cash. A cashout often means that the person or company must resort to borrowing. See also: Cash Out Refinancing.
References in periodicals archive ?
VanDerhei says he has no knowledge of anyone trying to address the overall cash-out problem legislatively.
USD20 billion in equity was tapped via cash-out refinances in Q1 2016, one-half of one percent of total available equity.
YET another story of a massive cash-out hits the headlines regarding the thousands of Leicester City fans who backed their team at 5,000-1, etc.
ATM cash-out schemes are a continuing threat," said John Buzzard, manager of product management and fraud operations with FICO, the San Jose, Calif.
Rajesh Bansal, assistant director general, UIDAI, said that earlier the RBI had concerns with regard to prepaid payment instruments being used for money laundering purpose and, therefore, had not allowed cash-out facility on such instruments offered by non-banking entities.
The company defines a cash-out as any refinancing where the replacement loan balance exceeds the previous balance by 5 percent or more.
Employers can eliminate cash-out distributions with a present value of more than $1,000 The IRS revised the deadline for amending plans for the automatic rollover provision until the later of December 31, 2005, the end of the plan year that encompasses March 28, 2005, or the tax filing deadline for the employer's tax year containing March 28, 2005.
Many employers are unwilling to assume this responsibility and, thus, are avoiding the establishment of these IRAs by reducing the mandatory cash-out threshold from $5,000 to $1,000.
Currently, sheriff's employees cannot use the first 320 hours of vacation cash-out pay to calculate their pensions.
BROWNSVILLE - The Central Linn School Board and the Linn County Sheriff's Office are investigating embattled district Superintendent Max Harrell's use of a vacation cash-out policy to recapture more than $8,000 he lost in a voluntary pay cut during a 2003-04 budget crisis.
Only 32 percent of refinancing homeowners chose to tap their equity for cash during 2003's second quarter, according to Freddie's most recent quarterly report on cash-out refinancings.
IN THE MONEY Implied cash-out Year by households 1998 $58 1999 $60 2000 $92 2001 $150 2002 $250-$300 * (IN BILLIONS) * PROJECTED SOURCE: CREDIT SUISSE FIRST BOSTON REPORT