Collateral: Difference between revisions
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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. | An asset provided as security for a debt. | ||
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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. | |||
Revision as of 11:09, 11 May 2016
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.
