cash-in

Vocabulary Word

Definition
'Cash-in' means to convert non-cash assets or investments into cash. It's like selling an old car to buy a new one, where you've turned the car into money to get something else.
Examples in Different Contexts
In business, 'cash in' can mean leveraging a market trend for profit. A CEO might say, 'We must cash in on the growing demand for sustainable products.'
Practice Scenarios
Impact

Scenario:

The community project has delivered exceptional social returns. The investors might want to review their stake now.

Response:

I agree, let's cash-in on the social impact bonds since they've served their purpose.

Tech

Scenario:

Our share prices have hit an all-time high following the successful app launch. It could be a significant financial opportunity for some of us.

Response:

That's indeed a great opportunity. It might be the right time to cash-in some of my shares.

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