Concept information
Preferred term
collateral
Definition
- Collateral refers to assets given or pledged as security for payment of a loan. Houses, cars, and other types of property are examples of tangible assets used as collateral. [Source: Encyclopedia of Business in Today's World; Collateral]
Broader concept
Belongs to group
URI
http://data.loterre.fr/ark:/67375/N9J-GTT3SMJ8-P
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