Collateral: Difference between revisions
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imported>Administrator (CSV import) |
imported>Doug Williamson m (Spacing) |
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1. An asset provided as security for a debt. | 1. An asset provided as security for a debt. | ||
2. Security provided in respect of a financial transaction, such as a swap. Collateral is normally provided in the form of cash or readily marketable securities. | 2. Security provided in respect of a financial transaction, such as a swap. Collateral is normally provided in the form of cash or readily marketable securities. | ||
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* [[Secured debt]] | * [[Secured debt]] | ||
* [[Security]] | * [[Security]] | ||
Revision as of 06:18, 3 August 2013
1. An asset provided as security for a debt.
2. Security provided in respect of a financial transaction, such as a swap. Collateral is normally provided in the form of cash or readily marketable securities.