Collateral
collateral (noun) - security for a loan, valuable property owned by someone who gets a loan that will become the property of the lender if the loan is not paid back on time
Example sentences:
* Personal assets are commonly used as collateral for small business loans.
* Most people lack collateral, so they cannot borrow from banks.
* The businessman put up his house as collateral for a small business loan.
* The gold is collateral against a possible loan of up to two-hundred-million dollars.
* "Twenty-five tons of gold in the Bank of England are to be used as collateral against hard currency loans."
* The loan officer has been dismissed for arranging loans using fake deposit certificates as collateral.
* Stock prices were falling so fast that it was proving impossible to use the stock as collateral for a loan.
* The Deposit Insurance Corporation is empowered to recover as much collateral as possible over the next ten years.
* Any losses with money from the Deposit Insurance Corporation, whose collateral is priced at bubble valuations.
* The bank has said without collateral they won't help.
* "Don't ever let the question of collateral be the major factor in your investment decision."
* He would lend to only at even higher interest rates, or only with collateral that the borrowers did not possess.
* He had nothing left that he could turn to as collateral for a loan.
* The homes used as collateral were foreclosed.
* Their only collateral was the farm they owned.
* "100,000 fast, confidential, no collateral!" (advertisement)
* There is no annual fee and no collateral of any kind is required.
* We will require customers to maintain margin collateral in compliance with various regulatory and internal guidelines.
* We monitor collateral values daily and require customers to deposit additional collateral or reduce positions when necessary.
* "The adjustment programmes in which they've invested so much policy collateral might be blown off course in a number of developing countries."
