In lending agreements, collateral is a borrower's pledge of specific property to a lender, to secure repayment of a loan. The collateral serves as a ... Concept · Marketable collateral · Examples of collateral |
Collateral is property or other assets pledged to a lender to help secure a loan. If someone borrows money, they can agree that their lender can take something ... |
collateral, a borrower's pledge to a lender of something specific that is used to secure the repayment of a loan (see credit). The collateral is pledged ... |
Collateral is an asset pledged by a borrower, to a lender (or a creditor), as security for a loan. Borrowers generally seek credit in order to purchase things. |
2 нояб. 2016 г. · Collateral is an item of value that a lender can seize from a borrower if he or she fails to repay a loan according to the agreed terms. |
Collateral is a tangible or intangible asset pledged to secure a loan. If the borrower stops repaying the loan, the lender can seize and sell the collateral ... |
Collateral is an asset you can pledge to secure financing. While it can be beneficial and even necessary with some loans, it's important to know the risks. |
Collateral is an item of value borrowers can pledge to lenders to obtain a loan or a line of credit, formally written in the agreement. |
14 мая 2022 г. · The simple definition of collateral is that it's a tangible or intangible asset that a borrower pledges to a lender to secure a loan. |
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