Phrases with «specific collateral»

"Specific collateral" refers to a valuable asset that is pledged as security or guarantee for a loan or debt. It means that there is a particular item or property that is designated to be used as collateral instead of general assets or investments. Full definition

specific (parent phrase)
collateral (parent phrase)

specific collateral

Sentences with «specific collateral»

Other lenders, including most online lenders, don't require specific collateral to secure a small business loan. (ondeck.com)
Many banks will require some form of specific collateral to secure a loan. (ondeck.com)
A personal guarantee doesn't necessarily guarantee 100 % of a loan, especially if a loan is backed by specific collateral. (valuepenguin.com)
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Phrases with «specific collateral»

Sentences with «specific collateral»

See also