In plain English
It means turning held funds into money you actually receive. The money is taken out of an account, service, or investment instead of staying there.
In context
Here, "cash out" requests taking funds out of the wallet and sending them to an external destination so you receive the money.
- Situation
- Sending transfers, receiving payouts, withdrawing funds, and reading wallet balances
- What it communicates
- Requests moving wallet funds out to an external destination.
Meaning limits
The term itself does not identify the external destination or the specific way the money is moved out.
Examples
“After six months, Marta cashed out her small investment.”
“The remaining balance in the wallet was cashed out after the event.”