encashment


Also found in: Financial.

En`cash´ment


n.1.(Eng. Banking) The payment in cash of a note, draft, etc.
Translations

encashment

[ɪnˈkæʃmənt] Ncobro m

encashment

n (of cheque etc)Einlösung f
References in periodicals archive ?
iii) Transactional processing services (BACS, CHAPS, Faster Payments, cheques, foreign currency drafts, and encashment facilities);
The procedure for payment is in instalment because if any athletes/ officials intend to go early then recovery will be difficult if full payment is made and also the encashment of Travellers cheque can not be in cash in once because the limitation of encashment.
Encashment Centres in Afghanistan will remain closed from 27 July to 29 July.