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Collateral is:
1. Secondary, subordinate, or supplementary item accompanying a primary item.
2. Specific asset (such as land or building) pledged as a secondary (and subordinate) security by a borrower or guarantor. The principal security is usually the borrower's personal guaranty, or the cash flow of a business. Except for highly creditworthy customers (who can get loans against only their signatures) lenders always demand a collateral if the primary security is not considered to be reliable or sufficient enough to recover the loan in case of a default.
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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.
Collateral securities used in bank lending?
what are the types of collateral securities used in bank lending
What does the term currency mean?
In forex trades, it refers to the first currency in a currency pair which has the same meaning as the term "base currnecy".
What is the opposite of the term bullish?
There are a number of words that are opposite in meaning to the term "bullish". They include feeble, weak, impotent, ineffective, meek, mild, frail, etc.
What is the meaning of opportunity lost?
In the economical term opportunity cost means the best next alternative forgone
Can be used in security for borrowing meaning?
collateral for a loan
What is the meaning of harboring your collateral?
that is protecting or hiding your assets
When was the term collateral damage first used?
Probably Vietnam
What is the law meaning for a collateral review?
Collateral review is a process of questioning a judgment handed down by a court. It is not an appeal, which is a more formal procedure.
Is it fraud if you sell something that is collateral?
Collateral meaning there is a lien or chattel against the object, then the answer is yes IF YOU DONT INFORM THE BUYER, and get approval from the lien-holder.
Which term is defined as property that is pledged as security on a loan?
Collateral, well for me it is what could place an equal but opposite return to to what i am giving as load. What if your organ could be taken as collateral? Just have the loan before borrowing.
Term describes the right of a lender to sell collateral to get back the principal if the borrower cannot repay the loan?
Lien is the term
What lenders do collateral assignment loans?
I know Smart Term Loans does. They have a website you can checkout online.
What is the meaning of the term HELOC loan?
The term, HELOC loan, refers to a Home Equity Line Of Credit. This type of loan is when a homeowner uses their home as collateral for credit. The ending balance of a HELOC loan always must be paid back in full.
Are there any banks or lenders that process collateral assignment loans ga?
I would like to know if you know the bank in atlanta, ga that use term life insurance policy as collateral for a loan.
What Is Collateral And Why It Is Important When Getting Financing?
Something pledged as to security payment of the loan, to become forfeited in case of a default. Meaning, should you not repay the borrowed funds, they'll gain possession from the collateral.
What is collateral development And What's the term translation to french?
Développement collatéral.
