Cross-collateralization
Definition & Meaning
Part of speech noun
Quick meaning: Cross-collateralization is a noun meaning (finance) The situation where the collateral for a loan is also used as collateral for another loan.
Meaning
(finance) The situation where the collateral for a loan is also used as collateral for another loan.
Word Forms
- cross-collateralizations
Related Words
Related dictionary entries include collaterality, bicollaterality, cross-holding, co-credit, cross-ownership, cross-linkage.
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Sources & Attribution
FreeDictionaryAPI.com / Wiktionary · Original source · CC BY-SA 4.0
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