cash confirmation
Confirmation, required by the City Code on Takeovers and Mergers (the Code) to be given in both the firm offer announcement and the offer document by a third party (generally the bidder's financial adviser) where the offer is for cash or includes an element of cash, that sufficient funding is in place for the bidder to satisfy in full acceptance of the offer (Rules 2.5(c) and 24.7, the Code).
Related links

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

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