Collateral

Collateral refers to assets given or pledged as security for payment of a loan. Houses, cars, and other types of property are examples of tangible assets used as collateral. A potential problem with ...

  • Loading...
locked icon

Sign in to access this content

Get a 30 day FREE TRIAL

  • Watch videos from a variety of sources bringing classroom topics to life
  • Read modern, diverse business cases
  • Explore hundreds of books and reference titles