Euroclear glossary. 2008.
collateral transaction — In the ESES context, any transaction entered into between a Settlement Bank and a Central Bank where the Settlement Bank sells securities to the Central Bank against a purchase price and both parties irrevocably agree that the Settlement Bank… … Financial and business terms
Collateral management — Collateral has been used for hundreds of years to provide security against the possibility of payment default by the opposing party in a trade. Collateral management began in the 1980s, with Bankers Trust and Salomon Brothers taking collateral… … Wikipedia
Collateral protection insurance — Collateral Protection Insurance, or CPI, insures property (primarily vehicles) held as collateral for loans made by lending institutions. CPI may be classified as single interest insurance if it protects the interest of the lender, a single party … Wikipedia
collateral documents — USA Also known as security documents. The loan documents in a secured loan transaction which secure the borrower s obligations to the lender under the loan agreement. Collateral documents include any documents granting a security interest in… … Law dictionary
Collateral Valuation Adjustments — Collateral Valuation Adjustment (CVA) or Appraisal Subordination Entitlement Reduction (ASER) are CMBS structuring innovations desined to improve overall transaction credit quality. Collateral Valuation Adjustments were created in response to… … Wikipedia
Collateral valuation adjustments — Collateral valuation adjustment (CVA) or appraisal subordination entitlement reduction (ASER) are CMBS structuring innovations designed to improve overall transaction credit quality. Collateral valuation adjustments were created in response to… … Wikipedia
Collateral reports — Reports include: Collateral below minimum Collateral Items falling due Collateral list by collateral category Collateral category information Customer collateral Expired collateral items Market value revaluation of collateral item … International financial encyclopaedia
Collateral (finance) — In lending agreements, collateral is a borrower s pledge of specific property to a lender, to secure repayment of a loan.[1][2] The collateral serves as protection for a lender against a borrower s default that is, any borrower failing to pay the … Wikipedia
secured transaction — secured trans·ac·tion n: a transaction that is intended to create a security interest in personal property (as goods) or fixtures and that is governed by Article 9 of the Uniform Commercial Code compare security agreement Merriam Webster’s… … Law dictionary
commercial transaction — ▪ economics Introduction in law, the core of the legal rules governing business dealings. The most common types of commercial transactions, involving such specialized areas of the law and legal instruments as sale of goods and documents of… … Universalium
