Collateral

Business / Real Estate / Collateral: Something of value given or pledged as security for a debt or obligation. The collateral for a real estate mortgage loan is the hypothecated mortgaged property itself.

Collateralized Bond Obligation (CBO)

Business / Finance / Collateralized Bond Obligation (CBO): A bond in which the issuer (often a holding company) grants investors a lien on stocks, notes, bonds, or other financial asset as security. Compare mortgage bond. MORE

Collateralized Mortgage Obligation (CMO)

Business / Finance / Collateralized Mortgage Obligation (CMO): Investment-grade bonds backed by a collection of junk bonds with different levels of risk, called tiers, that are determined by the quality of junk bond involved. CBOs backed by highly risky junk bond MORE

Collateral Trust Bonds

Business / Finance / Collateral Trust Bonds: Asset than can be repossessed if a borrower defaults. MORE

General Loan And Collateral Agreement

Business / Finance / General Loan And Collateral Agreement: An attachment that gives the lender the right to seize the personal property of a borrower who has not fulfilled the obligations of the loan, but prevents the lender from seizing real property. MORE

Due Diligence

Business / Human Resources (HR) / Due Diligence: A critical component of mergers and acquisitions, it is the process of conducting an investigation and evaluation in order to examine the details of a particular investment or purchase by obtaining su MORE

Unsecured Loan

Business / Debt / Unsecured Loan: An unsecured loan is a loan where the lender has no entitlement to any of the borrower's assets in the event of the borrower failing to make the loan repayments. Such a loan normally carries a higher MORE

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