0
Collateral is security pledged for the payment of a loan. For example, a bank may take some stocks and bonds from a person in exchange for a loan. Another example would be someone holding on to your wallet while you borrow their cell phone. Pawn shops offer loans and use personal property as collateral; for example, jewelry or gold in exchange for money, and if you don't pay back the money, they keep the item.
Wiki User
∙ 13y ago
Add your answer:
Earn +20 pts
What is a collateral bond?
"What is a collateral bond?"
A written claim to some piece of property?
collateral
What does collateral refer to?
security for a loan or outside of what was intended (collateral damage)
Can a bank refuse to release collateral if they have excessive collateral?
They can refuse if the loan outstanding is much more than the collateral provided. Ex: If you have a loan outstanding of 100,000$ and you have provided a collateral of 50,000$ you cannot expect the bank to release any collateral. Lets say your outstanding is only $30,000 then you can expect the bank to release a certain portion of the collateral atleast $20,000
How do you use Check as a collateral?
You cannot use check's are collateral. Either cash or bank deposit receipts or property can be used as collateral. Usually check's have a validity period of 6 months after which they are useless. So banks would not accept them as collateral
What are some examples of ligament?
Anterior cruciate ligamentMedial collateral ligamentLigamentum nuchae
What is the opposite of collateral?
Antonyms of the adjective collateral are:chiefdifferentdissimilarimportantindependentmajornecessarymainprimaryAntonyms of the noun collateral are:breakuncertainty
What is a collateral bond?
"What is a collateral bond?"
Can you use your car as collateral for a loan?
Yes, your car can be used a collateral but it is up to the lender.Yes, your car can be used a collateral but it is up to the lender.Yes, your car can be used a collateral but it is up to the lender.Yes, your car can be used a collateral but it is up to the lender.
What is Collateral management?
Collateral Management: Collateral means , mutual agreement. Collateral Managemet is a line of busineed in banking sector , each investor will have collateral agreement on some mutual transaction. One of the example, Equity Derivatives. It provides interface to enter collateral data, and it has a master data of collateral descriptions and types. It maintains customer, collateral, and credit account relationships so the amount of idle collateral can be determined. It is usually packaged in an application or part of the core-banking application.
When was Collateral released?
Collateral was released on 08/06/2004.
What was the Production Budget for Collateral?
The Production Budget for Collateral was $60,000,000.
When was Collateral Karma created?
Collateral Karma was created in 2009.
A written claim to some piece of property?
collateral
What is a sentence for collateral?
The investigation was not limited to the immediate, with a disregard of the collateral evidence.
What tissue is medial collateral?
medial collateral cruciate ligament of the patellar
What is the ISBN of Collateral Karma?
The ISBN of Collateral Karma is 978-1598586978.
