collateral

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Collateral

In the context of project financing, additional security pledged to support the project financing.

collateral

Assets 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 obligations. High-quality collateral reduces risk to the lender and results in a lower rate of interest on the loan.

Collateral.

Assets with monetary value, such as stock, bonds, or real estate, which 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, may become the property of the lender.

For example, if you borrow money to buy a car, the car is the collateral. If you default, the lender can repossess the car and sell it to recover the amount you borrowed.

Loans guaranteed by collateral are also known as secured loans.

collateral

Security for a debt.

References in periodicals archive ?
They studied collateral circulation in 1,934 subjects who were participating in a larger trial on coronary insufficiency.
After four weeks, each growth factor boosted collateral circulation by an average of 40 percent, Epstein said last week at the American Heart Association's annual science writers' seminar, held in Clearwater Beach, Fla.
An independent ten-year prospective study (n=845) has also demonstrated the importance of collateral circulation beyond simply the symptomatic relief of angina.
Collateral circulation is also one explanation for why people with advanced disease can pass a treadmill test.
In agreement with other investigations, we found that statin therapy is associated with development of collateral circulation (27, 28).
Extensive transpleural collateral circulation in the apices of the lung may mimic tuberculosis by producing an appearance known as pulmonary pseudofibrosis (1).
Surgical management via revascularization was considered not appropriate because of the patient's well-developed collateral circulation.
Laitman said that another example of anatomy lagging behind lifestyle is collateral circulation.
Pulmonary atresia and the collateral circulation to the lungs.
All three visceral arteries are linked by collateral circulation.
In our patient, perhaps the most likely explanation for the survival of the oral tongue is that ipsilateral collateral circulation developed to the right side of the tongue some time following the thrombosis of the right lingual artery.

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