Home
E-Mail
Latest

Collateral Financial Glossary

What is it? Assets pledged by a borrower to secure a loan or other credit, and subject to seizure in the event of default. Also called security. Security given in exchange for a loan.

Finance Term Definition Added By: Brooke

The Collateral definition has been viewed 1934 Time(s)!




Send To Friends!

If you'd like to send the Collateral definition to yourself or to your friends/colleagues, just enter the e-mail addresses in the boxes below -





We hope you now understand the meaning of Collateral. If you need any more information on this term, please don't hesitate to contact us.

Other Similar Finance Terms:

Financial Term Financial Risk is Additional risk borne by shareholders because of a firms use of debt.

Financial Term default rate is An alternative higher rate of interest or a premium specified in a loan document to be added to the contractual rate of interest that can be charged by the lender if the borrower is in default.

Financial Term Sushi Bond is Eurodollar bonds issued by Japanese corporation.

Financial Term Blue chip is Large and creditworthy company.

Financial Term MITI is Japanese Ministry of International Trade and Industry