Business Terms and Jargon Explained

What is Collateral

Where an asset or assets e.g. house, car is pledged as a guarantee to a lender for a loan. If repayments are not made or defaulted then the lender has the right to sell the collateral to recover the loan amount and charges.

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Authentication Underwithholding Financial Constraints
Balboa Portfolio Diversification Smurfing
Excise Duties Executrix-nominate Stet
Debtors Spam Spoofing
DDOS Quality circles Principal Place of Business
Excise Warehouse Administrative Court Expert witness
Banana Problem Bluetooth Judiciary
Taxing authority Above-board Enterprise Value
Next of kin Dividend Ademption
Income Protection Policy API Gross
Institutional Unit Allotment White Label
Tolar Solvency Tax Accounting
Offshore Executrices Cuba Clause

Term created / updated 2005-07-16 23:12:15

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