Assets that are used as security for a loan.

Property (real or personal) that is pledged to secure a loan or mortgage. If the debt is not paid, the lender has the right to sell the collateral to recoup the outstanding principal and interest on the loan.

Collateral refers to assets that borrowers are obliged to turn over to lenders if they are unable to repay a loan. In this sense it is a form of security. Collateral is important for lenders where companies default on their debt. In such cases, hard assets such plant, property and equipment may be able to be repossessed and liquidated.

Assets pledged by a borrower until a loan is repaid. These assets are subject to seizure if the loan is in default.

This is a security pledged for loan repayment.

An asset pledged as security to a creditor for financing. Not to be confused with a second definition, materials created to support or reinforce a design or promotional concept.

Equity in property you own which you pledge as security for a loan.

Property which has been committed to guarantee a loan. This may be the property being purchased by the loan (as in a car) or other property pledged as a guarantee (such as a certificate of deposit or other financial instrument). Persons other than the one acquiring the loan may pledge collateral in the borrower's behalf.

Security used to guarantee a loan.

Property or securities pledged to secure a loan, sometimes referred to as the 'security' for a loan.

In most mortgage transactions the property is collateral on the mortgage, and failure to meet payments means the property can be repossessed.

An asset which has value, given to secure a loan.

Something of value either pledged as security or turned over to the bail agent to hold onto until the bond is exonerated. This could be a lien on a piece of real estate, a car, jewelry, cash, or just about anything else of value. Most reputable bail agents no longer accept firstborn children as collateral.

Securities or other property pledged by a borrower... Add a comment

Assets with monetary value, such as shares, bonds, or real estate, that are used to guarantee a loan are considered collateral. If the borrower defaults and fails to fulfill the terms of the loan agreement, the collateral, or some portion of it, becomes the property of the lender

An asset owned by the borrower, but promised to a lender against non-payment of the loan. The amount of collateral varies from lender to lender. The closer the collateral value is to the loan amount, the more comfortable the lender will be that the loan will be repaid.

With respect to a surety bond, collateral is anything of value that is pledged with the surety to protect that surety from a default loss by the principal.

An asset representing security for a loan; if the loan fails, the asset can be sold to help repay the loan.

Property, goods, or other assets which must be pledged as part of a loan. If the borrower defaults on the loan, the lender has the right to "foreclose on" (take) the collateral.

Assets pledged by an indemnitor as security for the appearance of a defendant released on a bail bond. Collateral is returned to the depositor upon adjudication of the case.

Personal or real property owned by a Debtor that is subject to a lien which ensures performance of a contract by the Debtor. Collateral is repossessed or foreclosed on by creditors when payments are missed.

An asset which is placed at risk to secure the repayment of a loan.

By the side of. A collateral assurance, agreement etc is a further assurance or agreement affecting the same subject matter. A collateral security is one which is given in addition to the principal security, usually, but not necessarily, a secondary security. Thus a person who borrows money on mortgage (which is the principal security) may deposit shares with the lender as collateral security. Collateral security is a term applied to any security added to the principal security, usually but not necessarily a secondary security.

An asset which is pledged by a borrower to secure a loan.

hard assets of the borrower, such as real estate or equipment, for which a lender has a legal interest until a loan obligation is fully paid off.

Security provided by the borrower, in addition to the property on which the mortgage is secured, for example, shares which the lender can sell to repay the loan, if the borrower does not keep up the mortgage repayments.

Collateral trust bonds Collateralized Bond Obligation (CBO)

Property you pledge to guarantee somebody you'll pay back money that you borrow. If you don't pay back the money, the lender can take your collateral property.

A security interest that an FHLB is required by statute to obtain and thereafter maintain beginning at the time of origination or renewal of an advance. Traditionally, the FHLBanks have used three approaches to collateralizing advances: blanket lien against all eligible items pledged as collateral; specific listing of individual eligible items pledged as collateral and segregated from other borrower assets; or, physical possession of collateral documents.

If there is a main security for a debt, such as a house securing a mortgage, any extra security supplied is called collateral.

a property or valuable object that is given as a security to a loan or other credit. Collateral may be subject to seizure upon default.

An asset pledged to a lender to guarantee repayment of a loan. Collateral can include savings, bonds, insurance policies, jewelry, property, or other items of value, such as a car. If payments are not made according to the contract, the lender is authorized to take the collateral as payment.

Security pledged for the repayment of a loan.

Property that is provided to secure a loan or other credit and that becomes subject to seizure upon default.

Collateral is property owned by the borrower that can be taken away by the lender if payments are not made on the loan.

Something of value pledged as security for a loan. Banks do not require collateral for all loans. [Go to source

Assets than can be repossessed if a borrower defaults.

Securities, evidence of deposit, or other property that a borrower pledges to secure repayment of a loan. Also refers to securities pledged by a bank to secure deposits of public monies.

Asset than can be repossessed if a borrower defaults.

Assets a borrower pledges to secure a loan or other credit. If the loan defaults, the collateral is subject to seizure.

An asset that can be sold for cash and which has been pledged to a creditor to secure a future obligation. (For example, if you finance a car it is the collateral for the loan).

It is used to provide a guarantee for a loan. Basically, a standby for banks to collar you with if you default in any way on repayment of interest or principle or such other obligations. It includes negotiable instruments, shares or goods that acts as a guarantee for a loan.

Property which is used to secure the repayment of a secured debt.

Property that is pledged as security for a loan.

anything that acts as a security or a guarantee for a loan.

Stock or other property that a borrower is obliged to turn over to a lender if unable to repay a loan.

An asset pledged to a lender to support the repayment of a debt.

Most commonly used to mean some security in addition to the personal obligation of the borrower.

Security (an asset) that is given or pledged to a creditor (in the case of accounts receivable, the factor) to guarantee the discharge of an obligation by the debtor. If the borrower defaults, the creditor has the legal right to seize the collateral and sell it to pay off a loan. Also see: Recourse & Non Recourse Factoring

Any asset that you use as security for a loan or mortgage, for example, a vehicle or home.

Assets designated to be paid to a creditor in case of default on a loan by a debtor. Often referred to as security on the loan.

Property and/or other assets pledged as security to the lender (mortgagee) for repayment of your debt.

Item held as a security guaranteeing repayment of a debt. The item may be collected if payment is not made on an account.

The property (or other assets) that is being secured against the loan to ensure repayment of debt.

Anything that a bank accepts as security against the debtor's not repaying a loan. If the debtor fails to repay the loan, the bank is allowed to keep the collateral. Collateral is most commonly in the form of real estate (e.g., a home).

Collateral is an asset that guarantees the repayment of a loan, and can be seized in the case of default.

assets which can be repossessed in the event of default on a loan.

A property pledged to secure a debt.

Physical assets of a company pledged as security for a loan.

An asset that is used to guarantee the repayment of a loan. In the case of a mortgage this is the property on which the mortgage is secured. If the borrower fails to repay the loan according to the terms of the loan then the asset may be seized by the lender.

An item of value that is used to secure the principal portion of a loan.

A pledge of property or other assets by a customer who is borrowing from a financial institution. Financial institutions require collateral as security in the event that the customer defaults on his/her loan.

Property which is held for payment of a debt. In a real estate loan, the lender holds a deed of trust against the property.

Property (personal or real) accepted by a lender as security for a loan, which can be sold if the borrower fails to repay as agreed.

Property that is offered to secure a loan or other credit and that becomes subject to seizure if the loan goes into default.

Property pledged as security for debt. For e.g. In a mortgage the house acts as a collateral for the mortgage. If the borrower defaults on the mortgage, the lender may have the option to sell the property and recover the money.

Tangible property that's ownership is given to a lender as a guarantee of fulfillment of an obligation. In the event of default, the lender may repossess and dispose of that property and apply the proceeds from the sale to offset his loss and the debtors balance. Also, called "security".

Property offered by the borrower as security on a loan.

Collateral is any tangible real property pledged as security for a loan. Pacific Capital Bank requires the value of collateral be at least 1:1 to the loan amount as long as it is available to pledge.

Property put up to secure a loan.

Anything of value pledged by a borrower to secure a loan.

Assets that secure a loan. Collateral may be foreclosed or repossessed in event of default of payments.

The intangible or tangible property given as security to the lender by the account credit for any obligations and indebtedness of account creditor.

Assets that can be sold to repay a loan in the event of failure of the business.

It is an asset or property, which can be used for recovery of any unpaid amount on car loan.

The pledge of the memberâ€(tm)s home to guarantee repayment of the home equity loan.

The property used to secure the loan.

Property offered as security, usually as an inducement to another party, to lend money or extend credit.

Property put as a security against the amount borrowed.

An asset that guarantees repayment of a loan. Examples of this are a car, house or real property.

This is the amount of security provided to secure the home loan.

Security; serves to reduce the risk.

Property pledged as security for repayment of the mortgage loan.

property used to guarantee the repayment of a loan

Personal property that's pledged as a guarantee that you will repay your loan.

Property of financial value which may legally be seized by the lender if the loan enters default.

Borrower's property or assets that are pledged as security for a loan. In the event that a borrower defaults on the terms of a loan, the collateral may be sold, with the proceeds used to satisfy any remaining loan obligations.

Property pledged to assure repayment of debt.

If the loan recipient is unable to repay, these are the assets that the lender acquires from the former. For a property loan, the collateral is the property itself.

These are items (assets) pledged by an individual or corporate body as security against a loan.

Property offered as security for a loan. In a mortgage, the property itself serves as collateral for the loan.

Something given as a guarantee of performance, or to secure a loan.

Assets pledged by a company to secure repayment of a debt.

Security offered by a client to obtain a loan. Collateral may include inventory, accounts receivable, equipment, securities, real estate, or certain other assets.

Something held by the financial institution which the lender can take possession of if payments are not made on a loan.

Any asset acceptable as security for a loan.

A physical or financial asset that is used to secure repayment of a loan or line of credit. Vehicles, boats and homes are the most common examples of collateral used to secure a loan.

Security given by a borrower to a lender as a pledge for repayment of a loan, rarely given in the case of inter-bank business. Such lenders thus become secured creditors; in the event of default, such creditors are entitled to proceed against collateral in settlement of their claim. Any kind of property may be employed as collateral. Examples of collateral are: real estate, bonds, stocks, notes, acceptances, chattels, bills of lading, warehouse receipts and assigned debts.

Additional security pledged for the payment of a dept.

A specific asset pledged against possible default on a bond. Mortgage bonds are backed by claims on property. Collateral trusts bonds are backed by claims on other securities. Equipment obligation bonds are backed by claims on equipment.

Assets pledged as security for a loan made to the company.

asset pledged to a lender until a loan is repaid. If the borrower defaults, the lender has the legal right to seize the collateral and sell it to pay off the loan.

Property or some other asset used as security against repayments of a loan.

What a lender accepts as security for a loan.

Money, property or merchandise used to secure a debt.

Generally, the home is collateral on a mortgage, and failure to keep up repayments results in the property being repossessed.

Property pledged as security for a loan, such as property pledged as security for a mortgage.

The assets you have available to put up to secure credit, for example a small business loan.

Savings, bonds, insurance policy, jewelry, property or other item that is pledged to pay off a loan or other debt if payments are not made according to the contract; also called security

A bond or some other form of security that is pledged to guarantee a loan.

An asset of value that is pledged as security for a loan.

Assets of a borrower that a lender has a right to take possession of if the borrower defaults on payment.

Assets that you own (such as a motorcycle, car or house) that is used to secure your loan with a lender. Collateral is often used in motorcycle title loans.

Something of value pledged to secure a loan (e.g., a car as security for a car loan).

or security - An asset pledged to ensure payment of debt.

An asset (typically the home being financed) that is used to guarantee repayment of the loan. If the borrower defaults on the loan, the lender will seize the collateral to protect their financial interest.

assets pledged by the borrower to get a loan.

Securities or other assets pledged by a borrower to guarantee a loan.

An asset pledged to a lender until the loan is repaid. As security for the repayment of the loan in certain circumstances, the lender has the legal right to sell the collateral to pay off the loan.

Property used to secure repayment of a loan.

Personal property pledged as a guarantee that you will repay your loan. Property such as houses, cars, savings accounts, bonds, or certificates of deposit are commonly used as collateral.

personal property that you pledge as security for a loan made to you. This property may become t he property of the lender if you fail to repay the loan.

Property which a debtor agrees to pledge as security for the repayment of a debt.

Property pledged by the borrower to secure the repayment of the loan. The lender's claim or lien appears on the title report for the property. See the 3Cs definition for additional information.

Property being leased that is pledged as security for execution of the lease contract.

An asset, such as term deposit, Canada Savings Bond, or automobile, that you offer as security for a loan.

Securities or property pledged to a lender to secure repayment of a loan.

Property that is accepted as security for a loan or other financial obligation.

Anything of value pledged with the surety to secure it against loss through default of the principal who supplies the collateral.

An asset pledged as a guarantee to a lender until a loan is repaid. If the borrower defaults, the lender has a right to sell the collateral asset. An example of a type of financial collateral that can be offered is a life insurance policy which has acquired a cash surrender value equal or greater in value to the loan amount. This could be pledged as security.

An asset (such as a car or a home) that can be used to guarantee the repayment of a loan. You, the borrower, risk losing that asset if the loan is not repaid in a timely fashion.

Security given by a borrower to a lender in connection with a loan. Lenders frequently take collateral in a company's tangible and intangible assets and may require an owner's guarantee. In an asset backed loan, the amount of the loan is often based on the value the lenders place on the collateral, with greater value usually given to inventory, accounts receivable, real property, or buildings and other tangible assets. If the borrower cannot repay the loan when due, or for other reasons there may be an event of default, the lender, after complying with the loan agreement and applicable law, has the right to take possession of the collateral, sell it, and apply the net proceeds to repay the loan.

The security offered by the borrower to secure his promise to pay a debt; the security may become the property of the lender, if the borrower fails to repay the funds.

Property which is offered to the creditor to guarantee payment of the debt. A secured creditor has a security agreement which describes the collateral.

A temporary assignment of the monetary value of a life insurance policy as security for a loan. In the event of default, the creditor would receive proceeds or values only to the extent of his interest.

The property used as security for a loan and is subject to seizure if the borrower defaults

Securities or cash delivered by a borrower to a lender to support a loan of securities or cash.

Is the underlying security, mortgage, or asset for the purposes of securitization or borrowing and lending activities. It is pledged or held in trust.

Marketable real or personal property, which a borrower pledges as security for a loan. In mortgage situations, specific parcels of land usually constitute collateral. (Back to Terms list)

The underlying security for a lease or loan transaction. For an equipment lease or loan, the collateral is typically the actual equipment financed, which is either owned by or pledged to us. For a growth capital loan, the collateral is typically all the assets of the customer.

In the case of Fannie Mae REMICS, assets that back the REMIC.

Securities against which loans are made. If the value of the securities (relative to the loan) declines to an unacceptable level, this triggers a margin call. As such, the investor is asked to post additional collateral or the securities are sold to repay the loan.

security additional to the principal security.

Property of a borrower that is pledged by the borrower to protect the interests of a lender. Collateral is the lender's security for loans made and may become property of the lender if the borrower fails to repay.

Collateral is an asset that is used to secure the repayment of a loan. Also called security. For example, if a borrower defaults on an auto loan, the lender has the right to sell the collateral in order to collect on the loan. The same principle works on most mortgage loans, which are collateralized by the homes that the loans are used to buy.

Title Deeds of your new property given as security against the repayment of the mortgage.

Property that can be repossessed or foreclosed on if a debt is not paid.

An asset that is pledged as security for a loan. The borrower risks losing the asset if the loan is not repaid according to the terms of the loan agreement.

Marketable real or personal property which a borrower pledges as security for a loan. In mortgage transactions, specific land is the collateral.

An asset that a borrower agrees to give up if he or she fails to repay a loan.

Anything of material value that a bank has a right to take ownership of if the debtor does not repay a loan as agreed.

Security charged by the borrower.

The assets or security offered in exchange for a loan. If you don't repay the loan, the lender takes the collateral

Pledge contract. Term also used to refer to the goods pledged.

Real or personal property that guarantees the repayment of a loan. The borrower risks losing the property if the loan is not repaid.

Assets that secure a loan (in the case of a mortgage, real property serves as collateral).

Property that has been given or committed in order to guarantee a loan.

Property put up by someone getting a loan. If they fail to repay the loan, the property goes to the person granting the loan.

Real or personal property pledged as security for repayment of a loan or debt.

Property, offered to support a loan, that can be seized if the debtor defaults.

Security or Equity.

Property that you pledge as a guarantee that you will repay a debt. If you don't repay the debt, the lender can take your collateral and sell it to get its money back. With a home equity loan or line of credit, you pledge your home as collateral

An asset (such as a car or a home) that guarantees the repayment of a loan. The borrower risks losing the asset if the loan is not repaid according to the terms of the loan contract.

An asset a borrower pledges to a lender in case of default.

An asset pledged to the creditor until the credit obligation is paid. Example: If you own your home (or another car), it may be used as collateral to secure a car loan.

Collateral security Collection

Property that a borrower offers as security to obtain a loan.

Money or property used as a guarantee. Usually people need to give a bank collateral before the bank will lend them money. For example if a person wanted to borrow money to start a business they could use their house as collateral. If the business failed the bank would take and sell their house, returning any money above the amount borrowed to the person.

property in which the debtor has granted the creditor a legal interest (a/k/a lien). A creditor that has a legal interest in the property is called a secured creditor. Generally, a Chapter 7 does not alter the security interest of the creditor; however, it is possible to alter the secured interest of a creditor using a Chapter 13 with the exception of a first mortgage on a house.

Property that is pledged as security against a debt.

Property or asset (eg. car or house) that is offered to secure a loan or other credit that becomes subject to seizure on default

Personal property pledged as security for a debt. Collateral for a mortgage is usually the property.

Property pledge as security for a debt. Commit Waste – To neglect property or allow it to be used in a way that lessens its value.

A piece of property used to guarantee a loan. If the borrower defaults on the loan, the bank may seize this property.

Assets pledged as security on a loan. For example, real estate serves as collateral in a mortgage.

An asset that you put up as a guarantee for loan repayment.

Property pledged as security to a debt. If the borrower fails to repay the loan, the lender may gain ownership of the collateral and sell it to recover the money.

Acceptable assets used as security for a loan or other obligation

items of value that a borrower offers as security on a loan. If the loan is not paid the lender may collect the items.

Assets a borrower provides the bank with as security to ensure loan repayment. If borrower defaults on loan, the collateral assets are the bank's property.

Any property pledged as security for repayment of a debt.

Assets (such as a home) pledgesd as security for a debt (such as a mortgage).

Something of value pledged as security for a loan. In mortgage lending, the property itself serves as collateral for a mortgage loan.

An asset used to secure loans against.

The property a borrower pledges to a Lender to secure repayment of the loan. Collateral could include: a lien on your house, equipment from your business, or a bank account . If the borrower defaults, the lender has the legal right to seize the collateral and sell it to pay off the loan.

An asset pledged as security to a lender until a loan is repaid. If you default on your mortgage, for example, your lender could sell your home to get the money back after appropriate legal action. And that's something you want to avoid at all costs.

With a secured loan, collateral is an asset, eg: a home, which is used to guarantee the repayment of a loan. If the borrower fails to keep up with the repayments on the loan under the terms of the original contract, the asset can be seized by the lender.

Assets that can be used to back up a loan which you obtain with a finance company. If you fail to pay on the loan as agreed, the finance company can take these assets. Most finance companies will not loan full cost on a vehicle because it is already depreciated in value below the loan amount, because if you fail to pay, and they take the vehicle in collateral, they end up losing money.

Any asset, such as property, that is placed as security to secure a debt.

Any property designated as security for the payment of a debt or for execution of a contract.

Property acceptable as security for a loan or other obligation

Property which is pledged as security for a debt. In the case of a mortgage, the collateral would be the land, the house, and other buildings and improvements.

Anything of value pledged with the surety to secure it against loss by reason of default of the principal.

Some valuable item, like a home or car, or an equity on a previous mortgage loan, used to guarantee repayment of a loan.

Property you place within legal control of a creditor who is securing a debt, like a loan.

property or goods used as security against a loan and forfeited to the lender if the borrower defaults.

Assets that back a mortgage loan (real property in the case of a mortgage loan).

An asset that guarantees the repayment of a loan. The borrower risks losing the asset if the loan is not repaid according to the terms of the loan contract. In a home equity loan, the home is the collateral.

In a home loan, the property is the collateral. The borrower risks losing the property if the loan is not repaid according to the terms of the mortgage or deed of trust.

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.

Assets pledged to secure a loan.

Assets that are put up in a loan agreement to secure the payment of a loan.

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.

Gold pledged to secure a loan based on the spot price and margin arrangements between the parties concerned.

Securities, financial instruments or deposits of the currency that are delivered by the borrower to the lender to support a loan transaction. In repos and buys-sell backs the collateral is considered to be the securities side of the transaction. In securities lending the collateral will be the cash or securities supplied in exchange for the specific borrowed securities.

A legal document covering the items(s) pledged as collateral on a loan, i.e., note, mortgages, assignment, etc.

The property associated to a home loan. Unless the loan is repaid according to the terms of the mortgage or deed of trust, the borrower risks losing the property.

Property used to secure a loan. A borrower may lose his or her property (the collateral) if the mortgage payments are not made and the borrower goes into default.

Property pledged as security for repayment of a mortgage loan.

Anything of value that is acceptable to a lender to guarantee repayment of a loan.

The property offered as security for a loan.

Security, usually property (real, personal, or intangible) pledged to secure performance of an agreement.

Security in form of stocks and bonds or moneys which are handed to the 'Cash Provider' by the 'Cash Taker'.

Property you pledge as a guarantee for a secured loan. If you fail to repay the loan, the creditor can take the property. Sometimes used in place of capital as one of the three Cs.

Something of value given or pledged as security for a debt or obligation. The collateral for a real estate mortgage loan is the mortgaged property itself, which has been hypothecated.

A pledge of security for borrowing money, usually a material possession.

This is the legally required amount of cash or securities deposited with a brokerage to insure that an investor can meet all potential obligations. Collateral (or margin) is required on investments with open-ended loss potential such as writing naked options.

An asset that guarantees the repayment of a loan. Generally a home is considered collateral when speaking of mortgages.

Cash or other assets pledged to a lender as security until a loan is repaid. The most common forms of collateral in stock lending are cash, letters of credit and U.S. government and agency bonds.

Property of a debtor in which a creditor has a lien securing its debt.

Assets that a borrower is obliged to turn over to a lender if unable to repay a loan. Usually, the property itself is the collateral for a property loan.

An asset used to secure a loan. It can be seized by a lender if the borrower defaults.

Properties or assets that are offered and pledged by a borrower to a lender until a loan is repaid.

An asset, such as a house or car, pledged to a lender until a loan is paid.

The property (can be real property or personal property) used as security for a loan.

An object that a borrower offers as security to a creditor to guarantee repayment of a loan. In the case of home loans, collateral is a piece of real property (land and/or a building). Borrowers are bound to repay loans (plus interest) to their lender(s). If they fail to do so - or default - the lender can take possession of, or foreclose on, the collateral.

The pledge of a valuable item, like a home or car, to guarantee repayment of a debt consolidation services.

Property pledged as security for a debt. For example, real estate that secures a mortgage. Collateral can be repossessed if the loan is not repaid.

Property that you pledge to give up if you default on a loan. Your automobile is the collateral for your auto loan.

Property that a borrower gives or assigns to a lender as security for a loan. If the borrower defaults (fails to repay), the lender takes the collateral. Commission: The fee paid to a broker for buying or selling securities or other property.

An asset that guarantees the repayment of a loan. For example, a car or a home.

The pledge of a valuable item, like a home or car, to guarantee repayment of a loan. Property accepted as security to assure repayment for a loan.

Property that you pledge as security for a loan that is given up if you default on the loan. The vehicle you purchased is the collateral for your WFS loan.

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.

A contractual obligation that exists alongside (“collateral to”) another obligation. Collateral may take the form of a charge on preperty as security for a loan, or it may be a guarantee. For example, parents often provide collateral for bank loans to their student offspring.

Property or any tangible assets (car, boat or jewelry etc.) used as security to get a loan. Banks can lend more money easier if there is collateral because they know if the consumer defaults on the loan, the lender can take the consumer's collateral.

The property or other asset which the lender can sell to repay the loan if the borrower does not keep up the mortgage payments. In most cases, the home is collateral on a mortgage. If the borrower fails to repay the loan, the property will be repossessed.

Property that is pledged as security for payment of a debt.

A property assigned as security for a loan.

Property used to financially back a debt. Should the borrower not meet his | her financial obligations make necessary payment, the lender has the authority and power to sell the property in an effort to recoup moneys owed.

is the security put up in exchange for a loan. It can be taken by the bank if the loan goes unpaid. Commitment Letter is the letter issued by a lending bank which legally binds it to provide funds as specified subject to written terms and conditions.

container Container Container for the properties that describe the collateral behind a security. This contains some of the same elements a security would - but generally the values have "weighted average" or similar indication.

Anything pledged as security for a debt.

Marketable properties such as stocks, bonds, land, property, evidences of deposit and other securities which the borrower pledges as security for a loan.

The security that is assigned to the mortgage lender during the term of the mortgage.

Property pledged as security for satisfaction of a debt. See secured debt.

The property that is pledged as security for a debt.

An asset (such as a home) owned by a borrower that guarantees the repayment of a loan. The borrower risks losing the asset if the conditions of the loan are not met and the loan is not repaid.

Any property pledged as security for a debt, e.g., the real estate pledged as security for the payment of an indebtedness secured by a Mortgage or Deed of Trust.

Property that is pledged for the payment of a loan or a line of credit. The most common forms of collateral are homes and motor vehicles.

Assets that you own that you can use as security to obtain a loan such as real estate and stock investments.

Something of value pledged to support the repayment of an obligation or loan. Examples include real estate and certificates of deposit.

A valuable asset owned by the borrower that is used as security to ensure repayment of the loan. The lender may take possession of the collateral in the event the borrower defaults on the loan or line of credit.

Something of value -- securities, evidence of deposit or other property -- pledged to support the repayment of an obligation.

Property used as security for the repayment of a loan

A type of asset (such as a car or a home) that can be used as a guarantee to payoff a loan. In the event that the terms of the loan are not met, the borrow risks losing the asset.

An asset (such as property) pledged as security to ensure payment or performance of an obligation.

An asset (such as a car or a home) that is considered a guarantee for repayment of a loan.

Something of value (such as a car or a home) deposited with a lender to guarantee the repayment of a loan. The borrower risks losing the asset if the loan is not repaid properly.

The property pledged by a borrower to secure a loan.

Anything of value pledged within the surety to protect the surety against loss by reason of default by the Principal.

Something of value that the borrower commits to guarantee repayment of a loan.

Collateral is a word used for assets that secure a loan. For example, in the case of a mortgagethe house serves as the collateral for the mortgage-loan. This way, the bank is secured against the default risk of the borrower not being able to meet the interest payments. In case of default the bank can sell the house and get its money back.

property pledged as security for a debt, for example, real estate pledged as security for a mortgage

This means the assets that a person is in ownership of. This can include a car, home and can be used with a lender in motorcycle title loans.

1. A subsidiary, concurrent, subordinate or additional security as opposed to primary security deposited by the borrower. 2 An item of value offered as security or pledged to secure a note or bond payable, to which the lender is entitled if the borrower does not repay the debt as agreed. The collateral agreement is not subordinate to the original debt but rather, are additional or parallel to the original obligation: David Securities Pty Ltd v Commonwealth Bank of Australia (1992) 175 CLR 353 at 364.

Security put up against loan arrangements, for example a house or insurance policy.

Property offered to support a loan that can be seized if you default.

By or at the side, additional or auxiliary. Mistakenly used to mean collateral security.

Assets held to secure an obligation.

The property that is subject to a lien as for payment of a debt or performance of a contract. A creditor with rights in collateral is a secured creditor and has additional protections in the Bankruptcy Code for the claim secured by collateral.

An asset that is used to secure a loan. Generally, this asset will be seized and liquidated if a loan goes into default.

Items of value that you can use to guarantee the payment of loans or debts. For example, you can use a car as collateral to take out a loan and if for some reason you cannot pay the loan, your car becomes the payment.

property pledged as a guarantee that a debt will be repaid.

Property offered to support a loan and subject to seizure if you default.

Property pledged as security for a debt, such as the real estate as security for a mortgage loan.

Business or personal property that a borrower pledges to a lender as security to ensure repayment of a loan.

Specific property pledged by a borrower to a lender as security for the repayment of a loan.

Specific property pledged by a borrower to secure a loan.

Any asset that can be taken into account to secure funds.

Anything that a financial institution accepts as security against the debtor's not repaying a loan. If the debtor fails to repay the loan, the financial institution is allowed to keep the collateral.

assets, usually property or investments, used to secure a loan. (Not a requirement to cash a government student loan.)

An item of value pledged as security for a debt. The real estate is pledged as collateral for a mortgage loan and is bound by signing and recording a mortgage or deed of trust.

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.

This is the property subject to the security interest.

Securities or other property pledged by a borrower to secure repayment of a loan.

Property pledged as a guarantee for the repayment of a loan.

Property used to secure a loan which can be seized if the borrower defaults on a loan.

Asset pledged by a borrower to secure mortgage. The asset is subject to seizure in the event of default.

An asset pledged to support a loan.

Assets acceptable as security for a loan or other obligation.

Equipment or other tangible assets such as a house, car or securities pledged by the lessee to the lessor to minimize the risk of default.

Savings, bonds, insurance policies, jewelry, property or other items that are pledged to pay off a loan or other debt if payments are not made according to the agreement, also called security.

Collateral consists of assets that you put up as security, which can be used to recoup part or all of a loan that's in default.

something with monetary value pledged as security for a loan.

Something of value pledged as security for a loan. Banks do not require collateral for all loans. Most student loans do not require collateral.

Asset pledged to a lender until a loan is repaid and subject to forfeiture upon default.

Property which serves as security for a debt.

What is given up to the lender in case of default on a loan. In a mortgage, the home is the collateral, as the bank will foreclose on the house in the event of default.

This is the security for a loan. In the case of a mortgage, the property is considered collateral and can be revoked in the event of non-payment.

all precious metals, non-precious metals, coins and other property rights ("Metals") acceptable to the Lender in which Borrower is granted Lender a security interest.

Something of value provided to the lender to secure a loan and provide a secondary source of repayment. A loan is collateralized when the lender can find the collateral, lay legal claim to it, and sell it for enough to recover principal, interest, and cost of collection.

Assets, such as your existing property or life assurance policy, given as security for a home loan.

Property pledged as security for a debt. Deed A written document that conveys or transfers title from one party to another. There are various types of deeds; however, the two most commonly used are warranty and quit claim.

An item of value that guarantees payment of debt or may be collected in place of payment.

Assets used as security for a lease/loan.

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."

Asset pledged by a borrower to secure a loan, which can be repossessed in the case of default. In a microfinance context, collateral can vary from fixed assets (a car, a sewing machine) to cross-guarantees from peers.

Assets (such as your home) pledged as security for a debt.

Something given to secure a loan or as a guarantee of performance.

An asset or property used as collateral can be repossessed by the lending authority to recover any unpaid amount on auto loan.

Means “additional”, but is generally termed to mean security for a debt.

Property owned by a borrower that is pledged to a lender in order to secure a loan.

an asset or third party commitment that is accepted by the collateral taker to secure an obligation of the collateral provider vis-á-vis the collateral taker.

Is generally defined as an asset used to provide security for a lender’s loan.

Assets which are pledged by a borrower in order to acquire a loan or other credit, and are subject to seizure in the event of default.

Property used to secure a loan or other obligation.

Securities or property pledged by a borrower to secure payment of a loan. Collateral for CMOs consists primarily of mortgage pass-through securities or mortgage loans, although it may also encompass letters of credit, insurance policies, or other credit enhancements.

Property which is pledged as security for the repayment of a debt.

Something of value deposited with a lender as a pledge to secure repayment of a loan.

Assets pledged as security against a loan in case of default. Common collateral is equity in your home, stocks or bonds you own, certificates of deposits.

An asset (typically a house, or car) that guarantees the repayment of a loan. The borrower risks losing the asset if the loan is not repaid.

Assets used as security for a loan in the event of default.

ASSET provided to a CREDITOR as security for a loan.

A security, such as a mortgage, given to protect debt.

Something of value that the borrower offers as security on a loan, which the lender can also collect if the loan isn't repaid. When you buy a home, the property is used as collateral or security for the loan. This is considered a secured debt, since the lender can sell the property to get back their money in the event you default on the loan.

Property or possessions used to support a loan that in default of your loan payment can be seized.

property pledged by a borrower to protect the interest of the lender.

Assets that are given as security for a loan.

What you give up if you don't repay a loan. For example, the collateral on a car loan is usually the car itself. If you don't make payments on time, the lender can take the car and sell it to pay off the loan.

Collateral is an asset that is pledged as security for a debt, which, in the case of a mortgage loan, is the property on which the mortgage is placed.

Anything of value used to secure a loan.

Something of value pledged by or on behalf of a borrower to secure his loan; if he defaults, the lender's claim to the collateral is exercised to satisfy the debt.

All printed sales and informational materials used by a company. Could also be the Mercedes-Benz you use to secure a bank loan to kick off your IP business, hoping to heaven that the repo man never shows up on your doorstep.

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.

Guarantee for a loan. This usually takes the form of property, stocks and shares or insurance policies.

Property pleasing as security for a loan or other obligation.

Assets pledge as security under a loan to assure repayment of debt obligations.

is security you offer to your lender in addition to the Charge that you provide. Collateral can be in the form of share certificates, bonds, or other assets; including royalty payments.

A physical, intellectual, or monetary asset pledged prior to a loan being given, and taken by the lender if the borrower fails to repay the loan.

Something offered (usually property) to secure a loan that becomes subject to seizure on default.

Any property pledges as security for a debt.

Real estate or personal property which is pledged as security for a debt.

An asset that is promised or given to a creditor (a factor or a financial institution) to guarantee the discharge of an obligation by the debtor. Upon default, the creditor may seize the asset and sell it to pay off the loan.

assets that can be pledged to guarantee a loan.

The loan value of marginable securities; generally used to finance the writing of uncovered options.

An asset that is pledged as security for the repayment of a loan. If the loan is not repaid according to the terms of the loan contract, the borrower's asset is at risk.

Property pledged to secure payment of a debt

Property belonging to the borrower that is signed over to the credit union to sell if the loan is not repaid. Collateral can be securities, such as stocks, bonds or physical property, such as a home or a car.

Asset(s) pledged to a lender to secure repayment of a loan in case of default

Assets, such as securities, that are pledged to a lender by a borrower. The assets secure the loan until the borrower repays it. In the event the borrower defaults, the lender has the legal right to sell the assets to pay off the loan. See: Asset; Default; Pledge

Property pledged to a lender in order to guarantee the performance of the obligations of the borrower.

Property that is offered to secure a loan or other credit and that becomes subject to seizure on default. (Also called security.)

an asset you can use as security to guarantee a loan

An object that is offered as security in obtaining a loan. The borrower is then obligated to repaying the loan as agreed or else the lender may take possession or foreclose on the collateral. In a mortgage loan, the collateral will be 'real property' as opposed to personal property.

A property that is subject to the security interest.

Assets pledged to support a loan. The money received from liquidating the assets is the secondary source of a loan repayment .

property pledged as security for a debt. -- View Real Estate Listings

is the security you agree to put down on a loan and which you will have to forfeit in the event that you cannot repay the loan – also known as “security

an asset a borrower pledges as security for a loan 'S•ÛA

Money or property used as a surety or guarantee by a bank during the course of a loan or mortgage issued by that bank.

An asset that secures the repayment of a loan.

Property pledged as security for a debt. The borrower risks loosing the collateral if the debt is not repaid according to the terms of the loan contract.

Property (real, personal or otherwise) pledged as security for a loan. Also, any supplementary promise of payment, such as a guarantee.

Property that guarantees payment of a secured debt.

Something of value, pledged as security for a debt (subject to seizure if the borrower defaults). In a mortgage loan, the property itself serves as collateral.

(known in Britain as Security) Any property given as security for repayment of a debt.

Property pledged as security for a debt, e.g., real estate pledged as security under a mortgage or trust deed.

An asset such as an automobile or a piece of property that a person uses to take out a loan, promising to give the asset to the lender if loan payments cannot be met. Collateral also refers to the collection of receivables, such as mortgages, which are used to back the interest and/or principal security.

1. Property that must be pledged for a loan and which may be seized if the borrower defaults. 2. Accompanying or existing in a subordinate, corroborative, or indirect relationship. 3. Side by side or parallel in time, rank, importance, etc. 4. An addition to.

Something pledged or deposited in support of a loan

A promise of some form of security by a borrower to secure payment of a loan.

A form of security, guarantee or indemnity provided by way of security for the discharge of any liability arising from a transaction.

Additional security for a debt, such as the real estate pledged as security for a mortgage. The lender has the right, if the debt is not paid, to slll the collateral to recoup the outstanding principal and interest on the loan. back

Something of value deposited with a lender to ensure repayment of a loan. Usually, it's the real property itself in mortgage transactions.

Property pledge as security for a debt, such as the real estate pledged as security for a mortgage.

Property that is used to secure a loan. If the borrower defaults on the loan, the lender can seize the collateral. For example, a mortgage is usually secured by the house purchased with the loan.

Assets pledged to a lender until a loan is repaid. If the borrower defaults on the loan, the lender has the legal right to sell the collateral to pay off the loan.

Collateral within a financial context is used to indicate assets that secure a debt obligation. For example, in the case of a mortgage, the house serves as the collateral for the mortgage loan. This way, the bank is secured against the default risk of the borrower not being able to meet the interest payments.

Something that is held against another person to assure that he gets what he wants. A new home could be used as collateral on a debt. http://mcbrick.com/residential/communities/profile.asp

http://mcbrick.com/residential/communities/profile

Printed materials used to present information about a business and its capabilities, products or services. It can include brochures, fliers, fact sheets, direct mail pieces and other forms of communications.

Ad agency term for printed pieces, such as brochures and annual reports, that are not directly involved in advertising.

situated side by side; adjacent and on the same radius of an axis.

side-by-side” arrangement of several axillary buds at individual node

1. Descendants of the same family line, excluding direct descendants 2. something which relates to another thing but is independent, ie collateral agreement