Cash Collateral

Definition

  • Cash or cash equivalents, such as securities or documents of title, as specified in the Bankruptcy Code in which both the estate and another party have a vested interest.

Synonyms
substance, assets, bankroll, hard cash, funds, money

Related Terms and Acronyms

  • Bankruptcy (BK) Acronym, Important,
    • A court action under the Federal Bankruptcy Code by which a debtor's debts may be discharged, usually by transferring assets to a trustee, or rescheduled.
  • Collection Definition,
    • The efforts used to bring an overdue mortgage, or other debt current, and the filing of necessary notices to proceed with foreclosure when necessary.
  • Liquidation Definition,
    • To convert into cash.
    • The practice of selling or redistributing some or all of a business's assets in order to repay debts or pay investors if the business becomes insolvent or is sold in full or in part.
    • To settle the outstanding debts by selling property.
  • Liquidity Definition,
    • The ability to convert assets to cash quickly, without significant losses.
  • Quick Assets (QA) Acronym,
    • Assets that can be liquefied quickly without a loss.
  • Quick Liquidity Ratio Definition,
    • A metric used to find if a company has enough liquidity to make it's short term financial obligations.
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