Something of value -- securities, evidence of deposit or other property -- pledged to support the repayment of an obligation
Property, real or personal, pledged as a security to back up a promise In a home loan, the property is considered collateral that can be revoked if loan is not repaid according to the terms of the mortgage or deed of trust
Property pledged by a borrower that will be transferred to the lender if the borrower cannot repay the loan In the Georgia Stock Market Game, stock is used as collateral <top>
-Property that is offered to secure a loan or credit It becomes subject to seizure in the case of default
Property that is offered to secure a loan or other credit and that becomes subject to seizure on default (Also called security ) [FRBC] Property that is offered to secure a loan or other credit and that becomes subject to seizure on default (also called security) [FRBM][FRBSF] (see also loan)
Property that is offered to secure a loan or other credit and that becomes subject to seizure on default (Also called security )
Collateral is money or property which is used as a guarantee that someone will repay a loan. Most people here cannot borrow from banks because they lack collateral. = security. property or other goods that you promise to give someone if you cannot pay back the money they lend you = security
Something of value (land, a home, a car, etc ) that is pledged as security to ensure the payment of a debt Collateral is promised to a lender until a loan is repaid If the borrower defaults, the lender has the right, by law, to seize the collateral
Marketing collateral: printed materials to present business information, e.g. leaflets, folders, brochures, fliers, fact sheets, direct mail pieces
Something of value pledged as security for a loan In mortgage lending, the property itself serves as collateral for a mortgage loan
Property pledged as security for a debt The borrower risks losing the collateral if the debt is not repaid according to the terms of the loan contract
Stock or other property that borrowers are obliged to turn over to lenders if they are unable to repay a loan Collateral is important for companies that default on their debt In such cases, hard assets such plant, property and equipment can be repossessed and liquidated BACK TO TOP
Tending toward the same conclusion or result as something else; additional; as, collateral evidence
Property that a borrower offers as security for a loan If the borrower does not repay their loan as promised, the lender may take the collateral from the borrower
Securities or other property pledged by a borrower to secure repayment of a loan
A security or guarantee (usually an asset) pledged for the repayment of a loan if one cannot procure enough funds to repay
The property which is subject to a lien A creditor with rights in collateral is a secured creditor and has additional protections in the Bankruptcy Code for the claim secured by collateral The measure of the secured claim is the value of the collateral available to secure the claim: it is possible to have a lien on property that is subject to a senior lien or liens such that the security available to pay the claim is really without value to the junior creditor The general rule with respect to liens is "First in time, first in right " More on Secured Debts Confirmation: The court order which makes the terms of the plan for repayment of debts in a Chapter 11, 12 or 13 binding The terms of the confirmed plan replace the prepetition rights of the debtor and creditor
a security pledged for the repayment of a loan descended from a common ancestor but through different lines; "cousins are collateral relatives"; "an indirect descendant of the Stuarts"
Property that secures debt payment that the borrower pledges to the creditor Collateral recovers all or part of a debt, if repayment of the loan is not forthcoming
(Ekonomi) Collateralized debt obligations (CDOs) are a type of structured asset-backed security (ABS) whose value and payments are derived from a portfolio of fixed-income underlying assets. CDOs securities are split into different risk classes, or tranches, whereby "senior" tranches are considered the safest securities. Interest and principal payments are made in order of seniority, so that junior tranches offer higher coupon payments (and interest rates) or lower prices to compensate for additional default risk
Collateral damage is accidental injury to non-military people or damage to non-military buildings which occurs during a military operation. To minimize collateral damage maximum precision in bombing was required
(Kanun) Cash or cash equivalents (as negotiable instruments, securities, and documents of title) as specified in section 363 of chapter 11 of the Bankruptcy Code in which both the estate and another entity have an interest
[ k&-'la-t(&-)r&l ] (adjective.) 14th century. Recorded since c.1378, from Old French, from Medieval Latin collaterālis, from Latin col- (“together with”) (a form of con-) + the stem of latus (“side”).
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