Encashment

(redirected from Encash)
Also found in: Dictionary.

Encashment

The act of paying a loan or other liability in cash, as opposed to some other means such as check or credit card.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
References in periodicals archive ?
LAHORE -- Following the State Bank of Pakistan's (SBP) announcement to withdraw Rs40,000 denomination National Prize Bonds on Monday, a large number of prize bondholders on Wednesday visited the field offices of the SBP Banking Services Corporation in a panic to get their prize bonds encashed.
An Emirati businessman is demanding Dh60 million from a local bank for causing him financial losses when it refused to encash a Dh10 million cheque he issued as payment for a plot of land.
The Prime Minister is trying to encash the Pulwama incident.
Congress adopted the joint resolutions after several relatives of claimants complained they were not able to encash the cheques even with the issuance of Special Powers of Attorney.
The latest presidential action sought to address the time constraint on the distribution of funds and allow the claimants to encash their checks, according to Medialdea.
The scheme also involves several further incentives for investors including exemptions from withholding tax and compulsory deduction of Zakat, and the option to encash the certificates prematurely in Pakistani rupee without any deduction.
Frigerio went on to encash the situation and contrived the crucial break at 30 to seal the victory and the title.
Yasin advises to encash local holdings and start 2019 on a clean slate.
Likewise, luxury pens key players which are having brands such as Lamy, Aurora, Mont Blanc, Grayson and Parker are trying to encash the opportunities in this growing luxury pens market.
Similarly, though PGPC has given cheque worth Rs480 million for the payment of the third instalment, yet it (PGPC) stopped Customs to encash it.
Pakist-ani's will appreciate your eff-orts if you will encash your i-nfluence in the world for buil-ding positive image of Pakistan.
The remaining half of the price should be cleared within few months while the growers should be allowed to use encash receipts issued from sugar mills at designated banks.