collateral :

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collateral

kuh la tuh ruhl

  • n  a security pledged for the repayment of a loan
  • a  descended from a common ancestor but through different lines
    cousins are collateral relatives
  • s  serving to support or corroborate
    collateral evidence
  • s  accompany, concomitant
    collateral target damage from a bombing run
  • s  situated or running side by side
    collateral ridges of mountains

  • As collateral security for the loan, Defendants granted a first priority security interest in and to certain collateral (the"Collateral"), subject only to those permitted liens .
  • By midyear, the insurer had been forced to post collateral of $16.
  • About 17,000 tons of parmesan cheese lie in the vaults of Credito Emiliano, a regional bank that accepts the cheese as collateral for loans.
News & Articles

  • Lloyd’s collateral: It’s not ‘Mad Dog’
    It’s vintage Lloyd Blankfein. Goldman Sachs has provided “liquidity” to a former executive by accepting some 15,000 bottles of fine wines as collateral for a loan, according to a regulatory filing. The gold-plated investment bank run by CEO Blankfein accepted the premium from a former high-ranking director Andrew...
    June 12, 2013 - New York Post
  • 4sight adds Automated Collateral Substitution to Its Collateral Optimization Solution
    4sight Financial Software has added new features to its Collateral Optimization system. This allows users to automate collateral recalls and substitutions and the system can base all collateral substitutions on cheapest to deliver methodology. (PRWeb June 11, 2013) Read the full story at http://www.prweb.com/releases/2013/6/prweb10798717.htm
    June 11, 2013 - PRWeb
  • Citi Implements Collateral Solution for OTC Derivatives Clearing
    Citi has delivered collateral management and middle office services to one of Europe’s leading asset managers, enabling it to centrally clear OTC derivatives for the first time.
    June 10, 2013 - Business Wire via Yahoo! Finance
Quotes

  • Richard Jones in Independent
    We constantly urge Israel to target its response as closely as possible at those who are responsible for the actions, and to avoid innocent collateral damage,Jones said at an academic conference Monday.
  • Jan Egeland in Guardian Unlimited
    It is not so-called collateral damage,Egeland said. "It is the intentional killing of children."
  • Robert Gates in USA Today
    I told him that lacking actionable intelligence, for them to send a large force across the border without any specific targets was likely to lead to a lot of collateral damage,Gates said, referring to civilian casualties.

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