Collateral
From ACT Wiki
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.
See also
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.