Collateral. An asset offered as security, pledged as an inducement to another party, to lend money, extend credit, or provision securities
- Barron's Dictionary of Business and Economics Terms, Fifth Edition, 2012
This entry annotates a FIBO Ontology Class. FIBO is a trademark and the FIBO Ontology is copyright of the EDM Council, released under the MIT Open Source License. There is no guarantee that the content of this page will remain aligned with or correctly interprets the concepts covered by the FIBO ontology.