Business terms and jargon explained. Your business dictionary

What is Security for Loans

This is a loan were the loaner asked for a security for the loan in the form of named assets. The assets act as a guarantee that the loan will be paid and in the event that the loan is not paid back then they can sue for the asset to be sold and the proceeds will pay the outstanding loan amount.

<- Go Back
Business Terms Home page

Search jargon and terms database to learn more:-

A  B  C  D  E  F  G  H  I  J  K  L  M  N  O  P  Q  R  S  T  U  V  W  X  Y  Z

Search Term   

Value added tax (VAT) Single Market Prime costs Labour
Txid Double Deflation Et cetera Exceptions Occurrences
Insurance Quorum Arbitrage Conversion Costs
Yearling Adware Affiliate agreement Registered Design
Assumption IOU Vexatious Litigant Confidentiality agreement
Kopek Gross domestic product - GDP Free Zone Goods Western Union
Krone Tala Market equilibrium Administration
Organic growth E-Zine BOGOFF N210 Civil Court form
A.E.R Smurfing NIDAC Drawings
OTR Batch production Oblique intent Arrangement Fee

Term created / updated 2009-08-04 12:49:30

Knowledge is the key to success. That is why we have gone to great lengths to get you these business terms, and to explain them in Plain English so it is very easy to understand. Getting the right understanding and knowing your business jargon will keep you informed among your peers.

Copyright © 2004-2019 Scopulus Limited. All rights reserved.