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 ?
5) investigated the levels of soluble endothelial adhesion molecules (CAMs) and vascular cell adhesion molecule (VCAM-1) intercellular adhesion molecule-1 (ICAM-1) and E-selectin were compared between patients with poor coronary collaterals and patients with well-developed collaterals in a study published in 2004.
Presence of collaterals that feed the jeopardized myocardial area may limit the infarct size after coronary occlusion and may even provide a survival benefit.
3) in the other 29% of cases, dye was distributed ipsilaterally to the side of carotid artery injection despite ligation of the lingual artery on the injected side, implying ipsilateral collateral contributions.
A preoperative angiogram would demonstrate patency of the lingual arteries and the presence of external carotid artery collateral circulation if one lingual artery had been ligated.
An area of particular emphasis should be your collateral materials.
The pieces in an effective collateral package will complement your sales strategy and each other.
They've shown that the targets of collateral axons secrete soluble factors that penetrate the parent axon and induce it to branch at that site.
Slit proteins emerged as candidates for such a factor when Kuan Hong Wang, one of Tessier-Lavigne's colleagues, purified a molecule that seemed to provoke collateral branching in test tube studies.
The heart muscle is fed by coronary arteries; when a large one is blocked, the backup system--nearby collateral arteries--sometimes fills in.