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 the arts, 'cash in' can mean utilizing a popular trend to gain success. An artist might comment, 'I’m cashing in on the digital art wave to reach a wider audience.'

Practice Scenarios

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.

Creative

Scenario:

The recent exhibition has really increased interest in your work. It might create some unique opportunities to profit.

Response:

You're right, it seems like a good time to cash-in and sell some of my pieces.