Cash out

Definition - Transitive Verb
1  : to prematurely redeem the securities of (a holder) often as part of a merger <the merging company will cash out the minority shareholders>
2 a  : to accept payment for (a security) in full often unwillingly <the shareholders were required to cash out their shares>
b  : to dispose of (one's goods or assets) by sale <cashed out his investment>



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Based on Merriam-Webster's Dictionary of Law ©2001.
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intrinsic fraud

fraud (as by the use of false or forged documents, false claims, or perjured testimony) that deceives the trier of fact and results in a judgment in favor of the party perpetrating the fraud


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