Cashable: meaning, definitions and examples

Used when describing an asset or instrument that can be turned into cash quickly and without significant value loss.

• This bond is cashable after one year, allowing investors to get their money back early.
• Is the prize you won cashable, or do you receive it in goods?

Used when an asset can be changed into another form, such as shares into cash or another type of security.

• Her convertible bond can be changed into company stock at a later date.
• Convertible notes can turn into equity under certain conditions.

Used when something can be exchanged or converted, generally referring to bonds, coupons, or vouchers.

• This coupon is redeemable for a free coffee at any of our locations.
• The bonds are redeemable at face value upon maturity.

Used to describe assets that can be quickly and easily sold or converted into cash without losing value.

• The company's assets are highly liquid, making it easy to cover short-term liabilities.
• Investors prefer liquid assets to ensure they can access their money whenever needed.

Used when referring to something that can be easily converted to cash, especially checks or financial instruments.

• The check is cashable at any bank
• This certificate is cashable after a year

Commonly used in finance to describe assets that can be quickly converted to cash without losing value, such as stocks or bonds.

• He made sure to keep some liquid assets for emergencies
• The company's liquid assets include cash and cash equivalents

Used when describing goods, securities, or skills that can be easily sold or marketed.

• Her marketing skills made her highly marketable in the job market
• These bonds are marketable and can be easily sold in the secondary market

Refers to assets or opportunities that can be converted into cash or benefits, often with some effort or over a period of time.

• The land is realizable after obtaining the necessary permits
• The company's realizable assets were greater than initially estimated