A financing arrangement often used in construction in which a sponsor backs the completion of a project with funds sufficient to cover the builder's cash flow needs until the project can generate its own revenue. These agreements are generally not subject to normal lending default rules.
Related information about cash deficiency agreement:
- Cash Deficiency Agreement financial definition of Cash Deficiency ...
An agreement to invest cash in a project to the extent required to cover any cash deficiency the project may experience. Cash Deficiency Agreement ...
- What is cash deficiency agreement? definition and meaning
Definition of cash deficiency agreement: A financing arrangement often used in construction in which a sponsor backs the completion of a project with funds ...
- Cash deficiency agreement - Financial Definition
Financial Definition of Cash deficiency agreement and related terms: An agreement to invest cash in a project to the extent required to cover any cash def. ..
- Cash deficiency agreement
Similar financial terms. Petty Cash Minor amount of money held by a person or business to pay for small miscellaneous and infrequent items of expenditure.
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Definition of cash deficiency agreement from QFinance - The Ultimate Financial Resource. What is cash deficiency agreement? Definitions and meanings of ...
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Cash deficiency agreement. An agreement to invest cash in a ... Related Terms: .. . >>> http://www.finance-lib.com/financial-term-cash-deficiency-agreement.html ...
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A contract for privately placed debt. Cash deficiency agreement. An agreement to invest cash in a project to the extent required to cover any cash deficiency the ...
- Agreement
Cash deficiency agreement: • An agreement to invest cash in a project to the extent required to cover any cash deficiency the project may experience.