cashable

Able to redeem

Cashable describes something that can be converted to cash.

A cashable check or bond can be redeemed for money.

The term appears most often in financial and gaming contexts—casino chips are cashable, and some savings instruments are cashable only after a certain period.

The certificate isn't cashable until maturity.

redeemable

check

Order to pay

voucherRedeemable certificate for value
couponCertificate for reduced price
bondBinding tie or connection

certificate · ticket · token · chip · draft · note · negotiable · redeemable · transferable · convertible

liquid

funds

Available financial resources

savingsAccumulated money kept
depositPlace for safekeeping
assetsOwned items of value

securities · investments · capital · holdings · reserves · account · balance · portfolio · annuity · policy

Opposites

redeemability

cashableuncashable

Cannot be exchanged for money

non-negotiable · inconvertible · unconvertible · unredeemable · unexchangeable

validity/status

cashablevoid

Without legal effect

expired · invalid · cancelled · dishonored · nullified

Family

cash, cashier, cashing, cashed, cashiers, cashiering, cashless, encash

Familiarity: Top 500,000
Profile: Used worldwide · Timeless · Everyday, not technical · Rated G