/insurance-996939336-2dfa9199bf89407c80eec48719a3f19f.jpg)
Definition, types and examples of guarantees
What is the warranty? The term collateral refers to an asset that a lender accepts as collateral for a loan....
Month: March 2017
/GettyImages-951640954-e13a469740ce4e65bd60fad91e2fb90b.jpg)
Additional guarantee
What is an additional warranty? Additional collateral refers to additional assets pledged by a borrower against debt securities. Key points...
/LawyerwithFiles_AP090401062493-922c9c5753734458a78874c28e4cd1ba.jpg)
Definition of debtor in possession (DIP)
What is a Debtor in Possession (DIP)? A Debtor in Possession (DIP) is a person or company that has filed...
/investing10-5bfc2b90c9e77c00517fd2ef.jpg)
Definition of debtor-in-possession (DIP) financing
What is debtor-in-possession (DIP) financing? Debtor-in-possession (DIP) financing is a special type of financing for bankrupt businesses. Only companies that...
/high-school-students-5bfc2b8b46e0fb0083c07b7d.jpg)
Definition of secondary collateral
What is a secondary warranty? Secondary collateral is collateral that partially secures a loan. The pledge can be a physical...