collateral

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Related to Collateral Ligaments: Lateral collateral ligament

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 ?
Fibular collateral ligament anatomical reconstructions: a prospective outcomes study.
Reconstruction of the lateral collateral ligament of the knee with patellar tendon allograft.
The posterolateral attachments of the knee: a qualitative and quantitative morphologic analysis of the fibular collateral ligament, popliteus tendon, popliteofibular ligament, and lateral gastrocne mius tendon.
4) It is a result of the torn end of the ulnar collateral ligament being displaced and coming to lie superficial to the adductor pollicis aponeurosis.
4,11,12) MR findings can be used after rupture of the ulnar collateral ligament to distinguish between a Stener lesion and a nondisplaced or minimally retracted tear.
Ulnar collateral ligament of the thumb: MR findings in cadavers, volunteers, and patients with ligamentous injury (gamekeeper's thumb), AJR Am J Roentgenol.
Campbell coined the eponym, gamekeeper's thumb, in 1955, to describe chronic laxity of the ulnar collateral ligament.
Stener later described a lesion observed in many cases of complete rupture of the ulnar collateral ligament of the thumb metacarpophalangeal joint.
A Norfol pachymeter was used for the biometric measurements of the caudal portion of the medial collateral ligament and the cranial portion of the oblique ligament, and humerus, radius and ulna of the right and left thoracic limbs.
Maximum length between the points of origin and insertion of the caudal portion of the medial collateral ligament (measured from the medial epicondyle to the caudolateral surface of the proximal portion of the radius) and cranial portion of the oblique ligament (measured from the articular capsule in the region of the lateral condyle of the humerus to the proximal and medial margin of the radius).
Mirowitz SA, London SL: Ulnar collateral ligament injury in baseball pitchers: MR imaging evaluation.
Timmerman LA, Schwartz ML, Andrews JR: Preoperative evaluation of the ulnar collateral ligament by magnetic resonance imaging and computed tomography arthrography.