What Does Encashment Mean?
/ (Ɪnˈkæʃ) / Verb. (Tr) British Formal to Exchange (A Cheque) for Cash. What Does Cheque Encashment Mean? Cheque Encashment Means Receiving Compensation for...
/ (ɪnˈkæʃ) / verb. (tr) British formal to exchange (a cheque) for cash.
What does cheque encashment mean?
cheque encashment means receiving compensation for taking payment instruments or stored value, in exchange for money, payment instruments, or stored value delivered to the person delivering the payment instrument or stored value ; Sample 1. Sample 2.
What is an encashment payment?
encashmentnoun. The payment in cash of a note, draft, etc.
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