[eager_noob]

Is this copy/paste with highlight available globally or limited only to terminals?

I can do this with text highlighted in iterm. Highlighted text can be copied in other apps as well with Shift + Command + “v”. Or with terminal app, where the shortcut only works when used within terminal app itself.

[lesserknowndan]

Hmmm, seems like it is just within Terminal. It just so happens that is where I mostly use that functionality.

In other situations, often Command + Shift + ‘v’ is paste without formatting (which I wish was the default!).