Collateral
From Mises Wiki, the global repository of classical-liberal thought
Collateral: in business, property, or legal title thereto, which is deposited as security to guarantee the performance of a contract, usually the repayment of a loan.[1]
References
- ↑ Percy L. Greaves, Jr. "Mises Made Easier ", 1974. Referenced 2014-06-29.
Links
- Collateral (finance) at Wikipedia
