Collateral example sentences

They can also be issued for consideration other than cash or as a Collateral Security.But the lending institutions may insist on some more assets as collateral security so that the amount of loan can be realised in full with the help of collateral security in case the amount from the sale of principal security should fall short of the loan money.Any security in addition to primary security is called 'collateral security'.Absence of collateral is one of the major reasons which prevents the poor from getting bank loans.However, on the liability side of the Balance Sheet, below the item of loan, a note to the effect that it has been secured by issue of debentures as a collateral security is appended.Collateral is an asset that the borrower owns (such as land, building, vehicle, livestocks, deposits with banks) and uses this as a guarantee to a lender until the loan is repaid.A collateral security may be defined as a subsidiary or secondary or additional security besides the primary security when a company obtains a loan or overdraft from a bank or any other financial Institution.Any security in addition to primary security is called 'collateral security'.If the company fails to repay the loan along with interest, the sender is free to receive his money from the sale of primary security and if the realisable value of the primary security falls short to cover the entire amount, the lender has the right to invoke the benefit of collateral security whereby debentures may either be presented for redemption or sold in the open market.The bank retained as collateral the papers of the new house, which will be returned to Megha only when she repays the entire loan with interest.Any security in addition to primary security is called 'collateral security'.Such an issue of debenture is known as 'Debentures issued as Collateral Security'.As we saw for Megha, bank loans require proper documents and collateral.They can also be issued for consideration other than cash or as a Collateral Security.A collateral security may be defined as a subsidiary or secondary or additional security besides the primary security when a company obtains a loan or overdraft from a bank or any other financial Institution.