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Collateral (finance) In lending agreements, collateral is a borrower's pledge of specific property to a lender, to secure repayment of a loan. [ 1][ 2] The collateral serves as a lender's protection against a borrower's default and so can be used to offset the loan if the borrower fails to pay the principal and interest satisfactorily under the ...
Collateral management is the method of granting, verifying, and giving advice on collateral transactions in order to reduce credit risk in unsecured financial transactions. The fundamental idea of collateral management is very simple, that is cash or securities are passed from one counterparty to another as security for a credit exposure. [ 9 ]
In marketing and sales, marketing collateral is a collection of media used to support the sales of a product or service. Historically, the term "collateral" specifically referred to brochures or sell sheets developed as sales support tools.
Collateral protection insurance is a specific type of insurance tailored to protect you and your lender financially against physical damage to your vehicle.
A collateral contract is usually a single term contract, made in consideration of the party for whose benefit the contract operates agreeing to enter into the principal or main contract, which sets out additional terms relating to the same subject matter as the main contract. [ 1] For example, a collateral contract is formed when one party pays ...
Collateral. (film) Collateral is a 2004 American neo-noir action thriller film [ 3][ 4] directed and produced by Michael Mann, written by Stuart Beattie, and starring Tom Cruise and Jamie Foxx. The supporting cast includes Jada Pinkett Smith, Mark Ruffalo, Peter Berg, Javier Bardem, and Bruce McGill. The film follows Max Durocher (Foxx), a Los ...
Sustainable development goals. Sustainable finance. v. t. e. Collateralized loan obligations ( CLOs) are a form of securitization where payments from multiple middle sized and large business loans are pooled together and passed on to different classes of owners in various tranches. A CLO is a type of collateralized debt obligation, or CDO.
Secured transaction. A secured transaction is a loan or a credit transaction in which the lender acquires a security interest in collateral owned by the borrower and is entitled to foreclose on or repossess the collateral in the event of the borrower's default. The terms of the relationship are governed by a contract, or security agreement. [ 1]