Definition & Meaning

convert non-cash assets to cash; (of an asset) realize

Word usage

Words with tao xian

tào xiàn

套 现

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Chinese dictionary
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v.convert non-cash assets to cash; (of an asset) realize
- tā jiāng gǔ piào tào xiàn
  他将股票套现。
  He cashes out his stock.
- xǔ duō bǎo xiǎn gōng sī jiāng yuán chí yǒu de bù dòng chǎn gǔ piào jiā yǐ biàn mài tào xiàn
  许多保险公司将原持有的不动产、股票加以变卖套现。
  Many insurance companies are selling their immovable property and shares and converting them to cash.

Word usage

Separable word
"套" and "现" can be combined as one word, or be used separately with other elements inserted.
- 房子被套了现。
  The house converted non-cash assets to cash.

Chinese words with pinyin tao xian

tǎo xián讨嫌annoying

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