1. trans. To convert (drafts, bills, notes, etc.) into cash; to CASH.
1861. Goschen, For. Exch., 103. The seller of such a bill … would send his bill to be encashed.
1880. Daily News, 17 Dec., 7/4. Messrs. Morton, Rose, and Co. are prepared to Encash the Coupon, falling due 1st January next.
2. To receive or obtain in the form of cash payments; to realize.
1861. Goschen, For. Exch., 77. The silver thus encashed is to be actually shipped to England.
1879. R. H. Lang, in Macm. Mag., Sept., 446/2. The communication of the revenue encashed.
1888. Pall Mall Gaz., 2 April, 5/1. A sum which it will take many nights to encash.
