Definitions for "Adequate protection"
the protection afforded to a holder of a secured claim against the debtor, such as a periodic cash payment or an additional lien.
normally in the context of a chapter 13, where a secured creditor's collateral is not being protected by the bankruptcy system, and where said creditor can ask for additional funds to be paid pre-confirmation especially when a depreciating asset is involved or when 11 USC ยง362 Automatic stay be lifted by the Bankruptcy Court Judge.
Security, collateral or some other measure undertaken or provided by the debtor in bankruptcy, to protect a claim holder from depreciation of its collateral pending confirmation of a plan, for the period during which the debtor has continued possession or use of the collateral.