Define: Quasi Cash

The meaning of “Quasi Cash” differs based on where it is used. We list many below, then combine them into one or more market-standard definitions.

How is Quasi Cash defined in a legal contract?

  • Quasi Cash means transactions that involve the purchase of traveler’s cheques, lottery tickets, casino gaming chips, and wire transfer money orders. Seen in 9 SEC filings.
  • Quasi Cash means products or items representative of actual cash and hold a stored or representative value. This includes items such as money orders, traveler’s cheques, and casino gaming chips. Seen in 2 SEC filings.
  • Quasi Cash means transactions that involve the purchasing of items such as travelers cheques, lottery tickets, casino gaming chips, money orders, and wire transfer money orders. Seen in 1 SEC filing.

Note: The Genie AI Legal Assistant pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.

Search EDGAR for 'Definitions of quasi cash' yourself to verify these results. We are always keen to point people to source documents.

Which definition should you use?

🤔 Our AI Legal Assistant has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.

Genie Definition 1

  • Quasi Cash means the purchasing of items representative of actual cash such as traveler’s cheques, lottery tickets, casino gaming chips, money orders, and wire transfer money orders.

Relevant Contract Types

Relevant Circumstances

  • Any contract dealing with the purchase or sale of goods with quasi cash or financial transactions.
  • When creating agreements that involve gambling, lottery or other types of gaming industries.

Relevant Sectors

Genie Definition 2

  • Quasi Cash means items representative of actual cash, holding a stored or representative value, like money orders, traveler’s cheques, and casino gaming chips.

Relevant Contract Types

Relevant Circumstances

  • When creating contracts that deal with loan repayment options in the form of quasi cash.
  • In agreements designed for supply of goods or services wherein the payment mechanism involves quasi cash.

Relevant Sectors

Are you creating, reviewing or negotiating a document?

Looking for further advice on how to define “Quasi Cash" in your document? 

🚀 Try our AI Legal Assistant! It can suggest a definition just for your specific needs (Simply import your contract, then ask it to draft a definition suitable for your document, that's it!)

What is the most popular definition of 'Quasi Cash'?

Quasi Cash means the purchasing of items representative of actual cash such as traveler’s cheques, lottery tickets, casino gaming chips, money orders, and wire transfer money orders

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