cash out

English - Turkish

Definition of cash out in English Turkish dictionary: fişleri paraya çevirmek; para karşılığını ödemek
cashout: Fişleri Paraya Çevirme
out of cash: üzerinde parası olmamak

English - English

Definition of cash out in English English dictionary: To retire; to exchange gambling chips for money when finished gambling; To exchange possession of any commodity or idea for cash; To explain what is entailed by an idea or proposition; To reconcile at the end of a shift; to compare receipts of items sold to records of credit card, check and cash placed into the drawer, verifying that correct change was given out by the clerk; To leave a game and convert your chips to cash; Any cash received when you get a new loan that is larger than the remaining balance of your current mortgage, based upon the equity you have already built up in the house The cash out amount is calculated by subtracting the sum of the old loan and fees from the new mortgage loan For example, if your existing loan is $100,000, you might refinance it with a loan of $120,000 After you pay off your current loan ($100,000) and any loan-origination costs for the new loan (for example $2,000 in points), you would be left with $18,000 cash out Cash-out loans may not be available for all types of property; Money paid out when a loan is closed Any money totaling more than 1% of the loan amount; A refinance for more than the balance of the original mortgage so that the excess money taken out reduces the borrower's equity built up in the house property; A refinance in which the borrower receives cash in excess of the funds required to pay-off existing mortgage(s) and debts The excess money is taken out and reduces the borrower's equity in the property; A refinance for more than the balance of the current mortgage The excess money taken out reduces the borrower’s equity [top] Cashier’s Check (or Bank Check) - A check whose payment is guaranteed because it was paid for in advance and is drawn on the bank’s account instead of the customer’s [top] CC&Rs - See Covenants, Conditions and Restrictions [top] Ceiling - The maximum allowable interest rate of an adjustable rate mortgage [top]; (B) cash all available immediate winners; a first mortgage refinance transaction in which the amount of money received from the new loan, exceeds the total of the money needed to repay the existing mortgage(s) plus the closing costs of the new loan In other words, a refinance transaction in which the borrowers receive additional cash, which is used for any lawful purpose; A loan transaction in which the borrower receives funds as the time of closing; to turn some of your house equity into cash through a house equity loan; this is to use the financial power in your house as an investment vehicle in addition to a "home" for you and your family; choose a simpler life style after questioning personal and career satisfaction goals; "After 3 decades in politics, she cashed out and moved to Polynesia; Receiving money back when refinancing your present mortgage Not available on homestead property in Texas (See homestead); Receiving money back when refinancing your present mortgage; Any funds disbursed directly to the borrower; When a seller of a property wants to receive the entire sales price in cash, with no carry-back financing (See carry-back); Converting all or a portion of the equity in your home to cash when refinancing; >> A refinance transaction in which the borrower receives cash that may be used for any purpose; Cashing out refers to the refinancing of a loan where the borrower will take out money on their own home If a home is appraised at $100,000 and the borrower's outstanding mortgage loan is $60,000, it is possible to enter into an 80% cash-out refinance transaction for a loan of $80,000 (80% of $100,000) The new mortgage of $80,000 will pay off the $60,000 loan and leave $20,000 cash-out to the borrowers; a payment option provided under the Spectrum Retirement Plan When you choose the cash-out option, your entire retirement benefit is paid to you in one lump-sum cash payment when you retire or terminate, which you may keep (incurring applicable taxes and penalties if you take it before legal retirement age) or roll over to either an IRA or another employer's plan; The distribution of assets from a plan to a participant prior to retirement, typically occurring when a participant has a balance under $5,000 and leaves a company without requesting to have their assets rolled over into an IRA or into a new employer's plan Cash-outs are subject to federal withholding tax, and are subject to the ten percent early withdrawal federal income tax penalty if taken before age 59½; A loan in which the total proceeds of the loan are more than the actual refinanced amount and loan costs Typically these "extra" proceeds are given to the homeowner to use or paid directly to an account of the homeowner's choice; The distribution of assets from a qualified plan to a participant prior to retirement, typically occurring when a participant has a balance under $5,000 and leaves a company without requesting to have their assets rolled over into an IRA or into a new employer’s plan Cash-outs are subject to federal withholding tax, and are subject to the 10% early withdrawal penalty if not rolled over
cashout: Refers to a situation where a firm runs out of cash and cannot readily sell marketable securities
out of cash: out of money, lacking money

cash out

Turkish pronunciation

käş aut

Synonyms

cash in, cash up

Pronunciation

/ˈkasʜ ˈout/ /ˈkæʃ ˈaʊt/

Etymology

[ kash ] (noun.) 1596. modification of Middle French or Old Italian; Middle French casse money box, from Old Italian cassa, from Latin capsa chest; more at CASE.