Difference between revisions of "Collateral"

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(→‎top: clean up & uniformity)
 
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'''Collateral''' is property that is promised as [[security]] for the satisfaction of a [[debt]].
 
'''Collateral''' is property that is promised as [[security]] for the satisfaction of a [[debt]].
 
[[Category:Legal Terms]]
 
[[Category:Legal Terms]]
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[[category:bankruptcy]]
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[[Category:Bankruptcy]]

Latest revision as of 06:29, July 13, 2016

Collateral is property that is promised as security for the satisfaction of a debt.