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cash
(redirected from cashing out)

   Also found in: Dictionary/thesaurus, Medical, Financial, Encyclopedia 0.01 sec.
cash noun available means, bill, capital, coin, coin of the realm, coinage, currency, dollar currency, finances, funds, hard money, legal tender, medium of exchange, monetary unit, money, moneys, pecunia praesens, pecuuiary resources, principal, ready money, reserve, resources, riches, specie, treasure, working assets
Associated concepts: cash and securities, cash assets, cash bail, cash bond, cash dividend, cash down, cash method, cash on delivery, cash on hand, cash surrender value, cash value

CASH, commerce. Money on hand, which a merchant, trader or other person has to do business with.
     2. Cash price, in contracts, is the price of articles paid for in cash, in contradistinction to the credit price. Pard. n. 85; Chipm. Contr. 110. In common parlance, bank notes are considered as cash; but bills receivable are not.



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Increased efforts to caution Americans about the negative financial consequences of cashing out their 401(k) plans have had little impact in changing their behavior over the past few years, according to a new study by Hewitt Associates, a global human resources consulting and outsourcing services company.
EGTRRA automatic rollover provisions were enacted in 2005 and prohibit retirement plans from cashing out former employees with balances between $1,000 and $5,000.
This phenomenon is fueled by EGTRRA mandates that prohibit employers from cashing out $1,000-5,000 retirement plan accounts when an employee leaves the company.
 
 
 
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