# Cash cover (cash collateral)

- Canonical URL: https://www.gerhardmerk.de/cash-cover-cash-collateral
- Post ID: 593333
- Modified: 2023-07-25T21:00:41+00:00
- Language: en

## Definition

In business transactions, a service rendered by the debtor in return for which an equivalent counter-performance is received directly by the debtor's assets. Performance and consideration must be linked by contractual agreement. - In the case of a central bank, also used for the sum of gold and foreign currency in its possession. - See gold backing, reverse repurchase agreement. Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec. Professor Dr. Eckehard Krah, Dipl.rer.pol. E-mail address: info@ekrah.com https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk https://www.jung-stilling-gesellschaft.de/merk/ https://www.gerhardmerk.de/

## Machine-readable

- Generator: Merk Knowledge 1.1.1