What collateral means?

What collateral means?

The term collateral refers to an asset that a lender accepts as security for a loan. Collateral may take the form of real estate or other kinds of assets, depending on the purpose of the loan. The collateral acts as a form of protection for the lender.

What is a collateral damage person?

​deaths of or injury to civilians (= people not in the armed forces) or damage to buildings that are not connected to the military during a war. People say 'collateral damage' to avoid saying 'innocent people being killed'. Collateral damage caused by the drone attacks was high.

What is a bank collateral?

Put simply, collateral is an item of value that a lender can seize from a borrower if he or she fails to repay a loan according to the agreed terms. ... Normally, the bank will ask you to provide your home as collateral.

What is collateral material?

Collateral materials are the media you use to convey a message about your company to an audience with the intention of increasing sales and brand awareness among target customers and clients.

What do you call civilians killed in war?

In wartime, you'll hear the word casualty used often for someone killed or injured. ... The term "casualties of war" has been around for a while and refers to the ugly downside of military victory. Anyone who loses life or limb, either in the fighting or as a civilian, is called a casualty.

What's another term for collateral damage?

Synonyms & Near Synonyms for collateral damages. casualties, fatalities, losses, prey.

What is collateral house?

Collateral is a property or other asset that a borrower offers as a way for a lender to secure the loan. For a mortgage, the collateral is often the house purchased with the funds from the mortgage. ... For a loan to be considered secure, the value of the collateral must meet or exceed the amount remaining on loan.

What is collateral mortgage?

A collateral mortgage is a type of readvanceable mortgage, meaning that you can borrow more money as you pay down your mortgage or if your home value rises. In order to do this, your lender will use your home equity as a collateral asset against your line of credit.

What is collateral branding?

Definition: Brand Collateral is the collection of media used to promote the brand and support the sales and marketing of a product or service. It's the tangible evidence of the brand, designed congruent with the brands core values and personality. The key to every professional, easily recognizable brand is consistency.

What is an example of a collateral?

Mortgages — The home or real estate you purchase is often used as collateral when you take out a mortgage. Car loans — The vehicle you purchase is typically used as collateral when you take out a car loan. Secured credit cards — A cash deposit is used as collateral for secured credit cards.