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FindLaw Legal Dictionary

The FindLaw Legal Dictionary -- free access to over 8260 definitions of legal terms. Search for a definition or browse our legal glossaries.

Cash Out

cash out vt

1 : to prematurely redeem the securities of (a holder) often as part of a merger [the merging company will cash out the minority shareholders]
2 a : to accept payment for (a security) in full often unwillingly [the shareholders were required to cash out their shares]
b : to dispose of (one's goods or assets) by sale [cashed out his investment]
cash-out n

Source: Merriam-Webster's Dictionary of Law ©1996. Merriam-Webster, Incorporated. Published under license with Merriam-Webster, Incorporated.

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