The phrasal verb "cash in" is predominantly used in informal contexts. It generally means to sell an asset or cash in on an opportunity, often for financial gain or profit. In some cases, it can also refer to taking advantage of a particular situation, reflecting a somewhat opportunistic connotation. For example, "He decided to cash in his stocks before the market crashed," or "She cashed in on her fame by launching a beauty line." Though not as common in formal writing or speech, "cash in" can occasionally appear in business and financial discussions, reflecting on the process of converting assets into cash. The phrase can also imply the final stage of a process, such as "cashing in on years of hard work," indicating a culmination of efforts into a reward or payoff.
B2
UpperIntermediate
1. To exchange something, such as a bond or a coupon, for cash.
He decided to cash in his bonds to pay for the vacation.
At the casino, she cashed in her chips for money.
2. To take advantage of a situation or opportunity for personal profit.
The company quickly cashed in on the new technology trend.
He cashed in on his fame by launching a brand of clothing.