Collateralized Guaranty

From Open Risk Manual

Definition

Collateralized Guaranty. A guaranty that takes the form of some asset that is pledged by a borrower to a lender (usually in return for a loan)

In some cases, the lender may require the borrower to place pledged assets such as cash or securities in a separate account that the lender controls.

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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.

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