Collateral
Collateral is an asset or property pledged by a borrower to a lender as security for a loan or other obligation, to mitigate the risk of default. If the borrower fails to meet the obligations, the lender has the right to seize the collateral.
Also known as
Guarantee, Pledge, Security Interest
Ancestry path
Children 1
Generated from sali-legal/LMSS at 3f9ac0c9357b (2026-03-10). JSON