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Cashback vs Cashout - What's the difference?

cashback | cashout |

As nouns the difference between cashback and cashout

is that cashback is an alternative spelling of lang=en while cashout is the act of cashing out.

cashback

English

Noun

(-)

    • cashout

    English

    Noun

    (en noun)
  • The act of cashing out.
  • * 1993 , Ray Schmitt, The Future of Pensions in the United States (page 61)
    • Those concerned about retirement security have proposed outlawing these lump sum cashouts , or favor higher penalties if cashouts are not transferred to another retirement savings plan