What is meaning by encashed?

/ (ɪnˈkæʃ) / verb. (tr) British formal to exchange (a cheque) for cash.

What does encashed payment mean?

verb [ T ] /ɪnˈkæʃ/ us. to exchange a cheque or a financial product such as a bond for money: If you encash your investment before the end of the term, you pay a £30 administration fee.

How do you use encash in a sentence?

(1) Her bills were encashed. (2) You’d better encash your motorcycle at once. (3) For non-working spouses, sufficient units can be encashed each tax year to bring total income up to just below the annual allowance. (4) He goes to bank to encash a P. O.

What does encasement mean?

Definition of encasement

: the act or process of encasing : the state of being encased also : case, covering. Synonyms Example Sentences Learn More About encasement.

How do I encash a cheque?

Follow these steps to encash a cheque.
  1. Go to any branch (in the city) of the bank that the cheque belongs to.
  2. Present it for clearance.
  3. The bank teller, will verify the details on the cheque and clear it.
  4. The cheque will be cleared then and there and you will get the cash.

What is an encashment facility?

Encash’ is a facility that helps you to receive the funds on your sale transaction on “T” day itself. This facility would be enabled only on the Sell Transactions. The sale proceeds would be credited on the same day as against the normal sell trade & T+2 settlement.

How do you pronounce encasement?

What does encasement mean in medicine?

(ĭn-kās′mĕnt) Becoming surrounded by a structure or wall.

What does it mean to enclose something?

to surround something
enclose, envelop, and fence mean to surround something and close it off. enclose is used of putting up barriers (as walls) or a cover around something so as to give it protection or privacy.