encash

/ɪnˈkæʃ/
verb
  1. To convert a check, bond, or other financial instrument into cash.
    • The store refused to encash a personal check without identification.
    • You can encash traveler's checks at most hotels.
    • She went to the bank to encash her paycheck.
  2. To receive money in exchange for something of value, such as a voucher or gift card.
    • He decided to encash his winning lottery ticket immediately.
    • The company allows employees to encash unused vacation days.
    • You can encash this voucher at any participating retailer.
Antonyms
What does "encash" mean? | whatsthatwordmean | whatsthatwordmean