Definition of "encashment" [en•cash•ment]

• The payment in cash of a note, draft, etc. (noun)

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• "We oppose such acts of 'encashment' exploiting a person's weakness, '' he asserted."
• ""There is no question of encashment," Mr. Maroo said, referring to the deposit."
• ""This is primarily because earlier there was a gain on leave encashment that was missing in the first quarter," Chief Financial Officer Sonjoy Anand said."