Cash equivalent

Cash equivalent means securities issued or guaranteed by the United States or its agencies, negotiable bank certificates of deposit, bankers acceptances issued by banking institutions in the United States and payable in the United States, or money market mutual funds.

Source

12 CFR § 220.2

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Scoping language

The terms used in this part have the meanings given them in section 3 of the Act or as defined in this section as follows:

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