Meaning of 套现
套现 means to cash out; to liquidate assets into cash. Pronounced tào xiàn.
- to cash out; to liquidate assets into cash
Definitions & Examples
Tā他
jí及
shí时
tào套
xiàn现
，
bì避
miǎn免
le了
gǔ股
shì市
bào暴
diē跌
dài带
lái来
de的
gèng更
dà大
sǔn损
shī失
。
He cashed out in time, avoiding greater losses from the stock market crash.
Xìn信
yòng用
kǎ卡
tào套
xiàn现
shǔ属
yú于
wéi违
fǎ法
xíng行
wéi为
。
Credit card cash-out schemes are illegal activities.
Wèi为
le了
zhī支
fù付
gāo高
áng昂
de的
yī医
liáo疗
fèi费
yòng用
，
tā他
bù不
dé得
bù不
jiāng将
fáng房
chǎn产
tào套
xiàn现
。
To pay for expensive medical costs, he had no choice but to liquidate his property into cash.
Dà大
gǔ股
dōng东
zài在
gōng公
sī司
gǔ股
jià价
gāo高
wèi位
shí时
qiāo悄
qiāo悄
tào套
xiàn现
lí离
chǎng场
。
Major shareholders quietly cashed out and exited when the company's stock price was at a high.