Phrases with «cash collateral»

The phrase "cash collateral" refers to money or cash that someone uses as security or protection for a loan or debt. It means that if the person cannot repay the loan, the lender can take the cash collateral to recover their money. It's like a guarantee for the lender. Full definition

cash (parent phrase)
collateral (parent phrase)

cash collateral

Sentences with «cash collateral»

By securing the card with cash collateral, the credit card issuer's risk is limited. (creditabsolute.com)
In exchange for my borrowed stock, they provide cash collateral and pay me interest, which they describe as a sharing of the fees they charge the borrower of the stock. (money.stackexchange.com)
You provide cash collateral (usually around $ 300 - $ 500), which becomes your line of credit. (protective.com)
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Phrases with «cash collateral»

Sentences with «cash collateral»

See also