encashment

As nouns the difference between payout and encashment

is that payout is an amount of money paid out while encashment is the payment in cash of a note, draft, etc.

As a verb encase

is to enclose, as in a case.

As a noun encashment is

(finance) the payment in cash of a note, draft, etc.

As nouns the difference between terms and encashment

is that terms is while encashment is (finance) the payment in cash of a note, draft, etc.

As nouns the difference between encashment and encasement

is that encashment is the payment in cash of a note, draft, etc while encasement is the act of encasing or something that encases.

As nouns the difference between draft and encashment

is that draft is an early version of a written work while encashment is (finance) the payment in cash of a note, draft, etc.

As a verb draft

is to write a first version, make a preliminary sketch.

As an adjective draft

is (not comparable) referring to drinks on tap, in contrast to bottled.

As nouns the difference between note and encashment

is that note is while encashment is (finance) the payment in cash of a note, draft, etc.

As nouns the difference between cash and encashment

is that cash is money in the form of notes/bills and coins, as opposed to cheques/checks or electronic transactions while encashment is the payment in cash of a note, draft, etc.

As a verb cash

is to exchange (a check/cheque) for money in the form of notes/bills.

As a proper noun Cash

is {{surname}.

As nouns the difference between payment and encashment

is that payment is (uncountable) the act of paying while encashment is (finance) the payment in cash of a note, draft, etc.