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LAWDOG® Bankruptcy

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LAWDOG BANKRUPTCY DICTIONARY

Margin Payment


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Under 11 U.S.C. Section 101, the term:

(38) ''margin payment'' means, for purposes of the forward contract provisions of this title, payment or deposit of cash, a security or other property, that is commonly known in the forward contract trade as original margin, initial margin, maintenance margin, or variation margin, including mark-to-market payments, or variation payments;


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