Able to be converted into cash or redeemed for money.
Compound of 'cash' (from Portuguese 'caixa' via Dutch and English trade) and the suffix '-able' (capable of being), emerging in financial English by the 19th century.
Not everything that looks valuable is 'cashable'—your grandmother's antique might be priceless to her but worthless at a pawn shop, which is why 'cashable' value is different from sentimental or historical value.
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