Printer Friendly
Dictionary, Encyclopedia and Thesaurus - The Free Dictionary
1,507,653,582 visitors served.
forum mailing list For webmasters
?
New: Language forums
Dictionary/
thesaurus
Medical
dictionary
Legal
dictionary
Financial
dictionary
Acronyms
 
Idioms
Encyclopedia
Wikipedia
encyclopedia
?

Collateral
(redirected from collaterally)

    Also found in: Dictionary/thesaurus, Medical, Legal, Encyclopedia, Wikipedia, Hutchinson 0.13 sec.
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.



How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content.
?Page tools
Printer friendly
Cite / link
Email
Feedback
Add definition
? Mentioned in ? References in periodicals archive
 
Current technology allows fermentation inhibitors, collaterally formed primarily during the process of separating cellulose and hemicellulose from soft-biomass, to interfere with the function of microorganisms that convert sugar into alcohol, leading to extremely low ethanol yield.
RITE and Honda Jointly Develop New Technology To Produce Ethanol From ... by JCN Newswires
Ask the family of a Marine killed in Falluja or of an Iraqi child collaterally damaged by an American bombing raid how much is too much.
Oil change: the end (of cheap oil at least) is near. Only a dipstick ... by Clarke, Kevin / U.S. Catholic
International diplomacy focuses on Hamas' alleged "intransigence" and "rejectionism," and the subsequent need for a cut-off of aid to the Palestinian Authority--and, collaterally, to jobless, hungry Palestinians.
Annexation wall ensures bleak future for Aboud's Christian and Muslim ... by White, Ben / Washington Report on Middle East Affairs
More results
 
Financial browser? ? Full browser
 
 
Financial Dictionary
?

Disclaimer | Privacy policy | Feedback | Copyright © 2009 Farlex, Inc.
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional. Terms of Use.