Id | ESLPod_1048_WE_1770 |
---|---|
Episode Id | ESLPod 1048 |
Episode Title | Launching an Initial Public Offering |
Phrase | to cash in |
Text | The phrase "to cash in," in this podcast, means to receive money, especially by ending one's investment in a business and receiving the appropriate percentage of the profits: "Karen has spent years getting her law degree and she wants to cash in by working for a high-paying law firm." When gambling, the phrase "to cash out" means to stop playing, take one's "chips" (playing pieces) to the cashier, and receive cash equal to their value: "Let's stop gambling and cash out before we lose any more money." Finally, the phrase "to cash a check" means to go to a bank and receive cash equal to the amount of money indicated on a paper check: "The line at the bank is always longest on the first day of the month, when people are cashing their paychecks." |
Topics | Business |
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