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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
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Additional guarantee
What is an additional warranty? Additional collateral refers to additional assets pledged by a borrower against debt securities. Key points...
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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...
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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...
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Definition of secondary collateral
What is a secondary warranty? Secondary collateral is collateral that partially secures a loan. The pledge can be a physical...
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What is cash collateral?
What is cash collateral? Cash collateral is cash and cash equivalents collected and held for the benefit of creditors during...