cash collateral
cash collateral Finance Definition
Items
such as cash, negotiable instruments, titles, securities, deposit accounts, or
other cash equivalents in which the debtors estate and an entity other than
the estate have an interest. Cash collateral may not be used, sold, or leased
in the ordinary course of business unless the creditor with an interest in the
collateral consents or the court, after notice and a hearing, authorizes the
transaction.
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