Cash collateral

Definition - Noun
: 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 in the Important Laws section



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Based on Merriam-Webster's Dictionary of Law ©2001.
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slight negligence

failure to exercise the great degree of care typical of an extraordinarily prudent person


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