Meaning of the word encash in English

What does encash mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

encash

US /ɪnˈkæʃ/
UK /ɪnˈkæʃ/

Verb

to convert (a check or other negotiable instrument) into cash

Example:
I need to encash this check before the bank closes.
You can encash your bonds at any branch.