[] () () (; ) to exchange an investment for money把（投资）兑现◆You will receive a lump sum when the policy is encashed.当保单兑现时，你会收到一笔一次性款项。SYNcash sth in at cash () to exchange a cheque, etc. for money把（支票等）兑现◆Most banks impose a charge for encashing foreign cheques.大多数银行兑现外国支票时要收取费用。SYNcash ▸enˈcashment
noun
[, ]◆Policyholders will have to pay a 10 per cent charge on early encashment (= if they want the policy paid early).投保人要想提前兑现保单必须付 10% 的费用。