BNET Business Dictionary

Business Definition for: Collateral

  • property or goods used as security against a loan and forfeited to the lender if the borrower defaults

Wiktionary Definition for: Collateral

  • #A security or guarantee (usually an asset) pledged for the repayment of a loan if one cannot procure enough funds to repay.
  • #''Marketing collateral'': printed materials to present business information, e.g. leaflets, folders, brochures, fliers, fact sheets, direct mail pieces.
  • #''Family.'' Of a family relationship that includes aunts, uncles, cousins, nieces, and nephews, as opposed to lineal.
  • #Parallel, along the same vein
  • Ex:'''1885''':''The pure blood all descends from five collateral lines called Al-Khamsah (the Cinque).'' The book of the thousand nights and a night, Vol. 5 w:Richard Francis Burton Richard Burton

Additional Resources

Regulation on Extension and Redemption of Collateral Loans
This Regulation defines rules of calculating, granting and covering a collateral loan to commercial banks. A collateral loan granted to commercial banks by the National Bank of Georgia is a loan granted as collateral of state securities deposited in the National Bank of Georgia, and this loan is granted only...
Tags: Regulation, Loan, National Bank, National Bank Of Georgia, Financial Services, Financial Planning, Security, Finance
White papers 1999-12-17
Regulation on Extension and Redemption of Collateral Loans II
This Regulation defines rules of calculating, granting and covering a collateral loan to commercial banks. A collateral loan granted to commercial banks by the National Bank of Georgia is a loan granted as collateral of state securities deposited in the National Bank of Georgia, and this loan is granted only...
Tags: Regulation, Loan, National Bank, National Bank Of Georgia, Financial Services, Financial Planning, Security, Finance
White papers 1999-12-17
Collateral and Credit Supply
In this white paper author examines the role of collateral in an environment where lenders and borrowers possess identical information and similar beliefs about its future value. Using option-pricing techniques, he shows that a secured loan contract is equivalent to a regular bond and an embedded option to the borrower...
Tags: Collateral, Borrower, Financial Planning, Investment, Productivity, Financial Accounting, Financial Services, Finance
White papers 2003-04-01
International and Domestic Collateral Constraints in a Model of Emerging Market Crises
The paper builds a model of emerging markets a crisis which features two types of collateral constraints. Firms in a domestic economy have limited borrowing capacity from international investors. They also have limited borrowing capacity with respect to each other. It studies how the presence and changes in these collateral...
Tags: Constraint, Reed Elsevier Inc., Emerging Market, Collateral, Financial Services, Marketing Research, Marketing
White papers 2001-01-29
Bankruptcy And Collateral In Debt Constrained Markets
Typical models of bankruptcy and collateral rely on incomplete asset markets. In fact, bankruptcy and collateral add contingencies to asset markets. In some models, these contingencies can be used by consumers to achieve the same equilibrium allocations as in models with complete markets. In particular, the equilibrium allocation in the...
Tags: Allocation, Bankruptcy, Litigation, Business Operations
White papers 2006-10-01
ABN Amro wins another outsourced derivatives collateral management contract.
Byline: Natasha de Ter&aacuten The Asian Development Bank has outsourced its derivatives collateral management activities to ABN Amro. As part of the same arrangement ABN Amro Mellon Global Securities Services has also been appointed to act as global custodian for all ADB's collateral.The ...
Tags: ABN AMRO, derivatives, outsource
Research articles 2004-01-21
Fed Starting to Panic over TALF Collateral Concerns
Tyler Durden submits: The Federal Reserve of New York is apparently just now realizing that Commercial Real Estate collateral is more than just wishful thinking. In a press release issued yesterday, the NY Fed announced that it had picked TREPP to serve as a collateral monitor for the CRE...
Tags: US Market, Tyler Durden
External links 2009-06-17
Wall Street Systems launches collateral management module for real-time collateral management and margin checking; Module allows banks to extend trading relationships without the need for credit lines.
M2 PRESSWIRE-24 May 2004-Wall Street Systems: Wall Street Systems launches collateral management module for real-time collateral management and margin checking; Module allows banks to extend trading relationships without the need for credit linesC1994-2004 M2 COMMUNICATIONS LTD RDATE:05242004 New York and...
Tags: Wall Street Systems Inc.
Research articles 2004-05-24
As Darkness Descends On Enron, Light Is Shed On Collateral Management
From the executive summary: ‘The Enron tumble is the latest in a string of high-profile collapses that have brought credit risk to the forefront of the financial services industry. After the fall, collateral management is rising from the ashes as an important tool to mitigate credit risk and protect against...
Tags: Enron Corp., CMP Media, Strategy, Financial Services, Financial Planning, Management, Finance
White papers 2002-02-05
Collateral Asset Adjuster
The Collateral Asset Adjuster job description template includes the following job summary: Reports to the head of the Collection Department. Handles in-bank appraising of nonreal property collateral, performs construction mortgage inspections, is responsible for the maintenance of bank vehicles and performs a variety of functions involving repossessed collateral. Additional information...
Tags: Asset, Job, Business & Legal Reports Inc., Recruitment & Selection, Human Resources, Workforce Management
Tools & templates 2009-11-01
SunGard Expands Collateral Management Service
NEW YORK & LONDON -- SunGard (NYSE:SDS) today announced that JPMorgan has selected SunGard's Adaptiv Collateral solution to underpin its new OTC derivative collateral management service, which will be launched this summer. JPMorgan will use SunGard's Adaptiv Collateral solution to service institutional clients across 14 countries and will market the...
Tags: SunGard Data Systems Inc.
Research articles 2005-05-03
Thailand's Draft Collateral Law Is Flexible.
By Wichit Chantanusornsiri, Bangkok Post, Thailand Knight Ridder/Tribune Business News Apr. 18--Borrowers can expect increased financial flexibility under a draft business collateral law now being reviewed by the government. At the same time, the law will also strengthen creditors' rights...
Tags: asset, Bangkok Post, borrower, creditor
Research articles 2003-04-18
Collateral announces expanded angiogenic gene research collaboration with New York University.(Brief Article)
Collateral Therapeutics, Inc. (San Diego, CA; 858-794-3420) announced the expansion of the company's research collaboration with New York University (New York, NY). Collateral's ongoing collaboration with NYU covers a research and licensing arrangement for the human angiogenic gene for Fibroblast Growth Factor-4 (FGF-4), the gene...
Tags: Collaboration, gene, Groupware, New York University, SOFTWARE, therapy
Research articles 2000-08-01
Interthinx™ Expands Collateral Risk Product Suite; New Automated Decision Support Tool Ensures Accurate Collateral Valuation
AGOURA HILLS, Calif. -- InterthinxTM, the leading provider of comprehensive mortgage fraud prevention, compliance and decision support tools for the mortgage industry and an ISO business, is now bolstering its comprehensive collateral risk solution. Interthinx has once again delivered a best-in-breed solution to the industry by combining ValVerifySM, the industry...
Tags: Clear, Databases, ISO, Quality, SOFTWARE, valuation
Research articles 2006-07-12
SBA incurs substantial losses on collateral for loans - Small Business Administration
The Small Business Administration suffers substantial losses when it liquidates collateral on defaulted loans, the General Accounting Office reports. In a survey in three SBA regions, the GAO said, the value of collateral at the liquidation of loans was 68 percent less than the estimated market value when the...
Tags: collateral, FINANCE, General Accounting Office, Investment, liquidation, SBA
Research articles 1992-03-01
Fitch Upgrades 4 CIT Equipment Collateral Transactions
CHICAGO -- Fitch Ratings upgrades and affirms classes of notes from four CIT Equipment Collateral transactions as follows: CIT Equipment Collateral 2003-VT1 --Class B notes upgraded to 'AAA' from 'AA'; --Class C notes upgraded to 'AA' from 'A'; --Class D notes upgraded to 'A-' from 'BBB';...
Tags: Fitch Ratings
Research articles 2005-12-21
CME joins with Fifth Third Bank to offer cash collateral management program; CME cash with interest program helps meet futures commission merchants' initial margin requirements using cash as collateral.
M2 PRESSWIRE-25 July 2005-Chicago Mercantile Exchange: CME joins with Fifth Third Bank to offer cash collateral management program; CME cash with interest program helps meet futures commission merchants' initial margin requirements using cash as collateralC1994-2005 M2 COMMUNICATIONS LTD RDATE:25072005 CHICAGO...
Tags: Chicago Mercantile Exchange Inc., Fifth Third Bank
Research articles 2005-07-25
Abbey National plc Goes Live With Algo Collateral.
TORONTO, Canada and LONDON, November 10 /PRNewswire/ -- Algorithmics Incorporated, a world leader in enterprise risk management solutions, today announced that Abbey National Treasury Services plc has successfully implemented Algo Collateral in London to manage the operational margining requirements arising from all...
Tags: Abbey National Plc., Algo Collateral, Algorithmics
Research articles 2004-11-10
Fitch Introduces New Approach For Structured Finance CDO Collateral Review
Business Editors NEW YORK--BUSINESS WIRE--July 18, 2002 Fitch Ratings today announced that it has instituted a new approach for the evaluation and surveillance of structured finance collateralized debt obligation CDO collateral securities. The new approach focuses on credit risk and collateral performance, and enhanced surveillance of all collateral...
Tags: Fitch Ratings
Research articles 2002-07-18
FNC and Banton Technologies Join to Provide Collateral Evaluations Electronically to Lenders
Business Editors & Technology Writers HUNTSVILLE, Ala.--BUSINESS WIRE--July 22, 2002 FNC Collateral Management Pipeline Now Offers Lenders Banton's ValueWizard Banton Technologies, a collateral evaluation system provider specializing in real estate technology and residential valuation solutions, today announced an alliance with FNC, Inc., a collateral information infrastructure...
Tags: FNC Inc.
Research articles 2002-07-22