Collateral security

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Collateral security

Collateral security

Additional security that a borrower supplies to obtain a loan.

RELATED TERMS
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Security
The property that will be pledged as collateral for a loan.

Borrower
A person who has been approved to receive a loan and is then obligated to repay it and any additional fees according to the loan terms.

Loan
A sum of borrowed money (principal) that is generally repaid with interest.

SIMILAR TERMS
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Collar beam
The structural element that connects roof rafters.

Collateral
In a home loan, the property is the collateral. The borrower risks losing the property if the loan is not repaid according to the terms of the mortgage or deed of trust.

Collateralized mortgage obligation
Debt obligations that are collateralized by and have payments linked to a pool of mortgages.

Collection
When a borrower falls behind, the lender contacts them in an effort to bring the loan current.

Collusion
The action of two or more people to break the law.

PREVIOUS AND NEXT TERMS
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Co-insurance clause
A clause in insurance policies covering real property that requires the policyholder to maintain fire insurance coverage generally equal to at least 80 percent of the property's actual replacement cost.

Co-investment
Co-investment occurs when two or more pension funds or groups of funds share ownership of a real estate investment.

Co-investment program
An investment partnership or insurance company separate account that enables two or more pension funds to co-invest their capital in a single property or portfolio of properties.

Collar beam
The structural element that connects roof rafters.

Collateral
In a home loan, the property is the collateral. The borrower risks losing the property if the loan is not repaid according to the terms of the mortgage or deed of trust.

Collateral security

Collateralized mortgage obligation
Debt obligations that are collateralized by and have payments linked to a pool of mortgages.

Collection
When a borrower falls behind, the lender contacts them in an effort to bring the loan current.

Collusion
The action of two or more people to break the law.

Colonia
Unincorporated communities along the U.S.-Mexico border.

Column
A slender upright structure that consists of a base, a round or square shaft and a capital.

This dictionary contains 6433 terms.

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