Collateral | Practical Law

Collateral | Practical Law

Collateral

Collateral

Practical Law UK Glossary 3-107-5936 (Approx. 3 pages)

Glossary

Collateral

Asset(s) provided as security, or over which a security interest has been created, to secure a liability owed by the collateral provider, or a third party, to the collateral taker.