Скачать или смотреть Collateral [Under 2 Minutes] | Finance Strategists | Your Online Finance Dictionary

Collateral is any asset offered by a borrower as security for a loan. In the event that the borrower is unable to pay back the loan, the lender may seize the collateral in an attempt to recoup some or all of the loan amount. A lender’s claim to collateral is called a lien. Although it is typical for the asset being borrowed against to be put up as collateral, a variety of assets may be offered as collateral—including real estate, vehicles, and even heirlooms with monetary value.
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0:00 Collateral Definition
0:35 Collateralized Loan
1:03 Examples of Collateral Loans
1:29 Collateral Question & Application
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