Usually means: Convertible into cash readily available.
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We found 5 dictionaries that define the word encashable:

General (5 matching dictionaries)
  1. encashable: Merriam-Webster
  2. encashable: Oxford Learner's Dictionaries
  3. encashable: Collins English Dictionary
  4. encashable: Wiktionary
  5. encashable: TheFreeDictionary.com

(Note: See encash as well.)

Definitions from Wiktionary (encashable)

adjective:  Capable of being encashed.

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