collateral

Definitions

Accounting

Forex

  • (written as Collateral)
    Assets or property provided by a borrower to guarantee the repayment of a loan or other debt arrangement. The inclusion of collateral in the loan agreement reduces the risk for the lender, since the collateral becomes the property of the lender in the event that the borrower is unable to repay the loan or otherwise abide by the loan agreement.

Medical

Real Estate

  • noun property or goods used as security against a loan and forfeited if the loan is not repaid
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