cash collateral

noun

Legal Definition of cash collateral

: cash or cash equivalents (as negotiable instruments, securities, and documents of title) as specified in section 363 of chapter 11 of the Bankruptcy Code in which both the estate and another entity have an interest — see also Bankruptcy Code

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“Cash collateral.” Merriam-Webster.com Legal Dictionary, Merriam-Webster, https://www.merriam-webster.com/legal/cash%20collateral. Accessed 20 Oct. 2020.

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