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Topical Terminology > Collateral



23 Definitions

Collateral

For Collateral we have terms and definitions in 23 topics. The topics are Accounting, Accounting Terms, Auto Loan, Automotive, Business, Canadian Law, Customs, Debt Consolidation, Finance, Financial, Foreclosure, Frauds and Scams, Home Equity, Insolvency, Insurance, Mortgage, Non-Profit Marketing, Options, Public Relations, Purchasing A Home, Real Estate, Refinance and Securities.



Collateral (Accounting)

ASSET provided to a CREDITOR as security for a loan.


Collateral (Accounting Terms)

ASSET provided to a CREDITOR as security for a loan.


Collateral (Auto Loan)

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 do not loan full cost on a vehicle because it is already depreciated in value below the loan amount,and if you fail to pay, and they take the vehicle in collateral, they end up losing money.


Collateral (Automotive)

Assets owned by the borrower which document his or her ability to repay the loan. Listed assets may be seized by the lending institution if the loan is unpaid.


Collateral (Business)

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


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Collateral (Canadian Law)

Property which has been committed to guarantee a loan.


Collateral (Customs)

Refer to: Security,


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Collateral (Debt Consolidation)

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


Collateral (Finance)

Asset than can be repossessed if a borrower defaults.


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Collateral (Financial)

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


Collateral (Foreclosure)

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


Collateral (Frauds and Scams)

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.


Collateral (Home Equity)

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


Collateral (Insolvency)


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


Collateral (Insurance)

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


Collateral (Mortgage)

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.


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Collateral (Non-Profit Marketing)

Materials used to promote and support an event, cause or program. Typically print materials, these range from on-site signs, posters, brochures, maps, fliers and invitations. Sponsors commonly have their ID or logo placed on these materials, or receive a mention on the cause's collaterals. See also:Collateral Materials, Promotional Materials


Collateral (Options)

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


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Collateral (Public Relations)

Secondary documents that accompany or support PR deliverables


Collateral (Purchasing A Home)

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.


Collateral (Real Estate)

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.


Collateral (Refinance)

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


Collateral (Securities)

Securities or other assets that a borrower pledges to a lender to secure repayment of a loan. If the borrower does not make payments as promised, the lender may legally seize the collateral and use the proceeds from its sale to pay off the loan.




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