Cash Out
Legal definition for Indian law research
Definition
cash out
1 : to prematurely redeem the securities of (a holder) often as part of a merger [the merging company will cash out the minority shareholders]
2 a : to accept payment for (a security) in full often unwillingly [the shareholders were required to cash out their shares]
b : to dispose of (one's goods or assets) by sale [cashed out his investment]
cash-out n
Definitions are for legal research. Always verify meaning in the context of the statute, judgment, or jurisdiction cited.