Define: Cash Loss
Cash Loss means all non-depreciated losses and perils incurred in relation with the default of an approved financial institution
Legal accuracy standard set & glossary spot-checked by Imad Mohammed Nazar , Skadden-trained M&A lawyer, Legal Engineer at GenieAI
Cash Loss means all non-depreciated losses and perils incurred in relation with the default of an approved financial institution.
Relevant Circumstances
- Circumstances involving a financial agreement with a financial institution
- Cases where investment or assets are managed by an external organization
Relevant Sectors
- Financial Services
- Asset Management