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Q: What is a collateral relationship?
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What is a collateral bond?

"What is a collateral bond?"


A written claim to some piece of property?

collateral


What does collateral refer to?

security for a loan or outside of what was intended (collateral damage)


Can a bank refuse to release collateral if they have excessive collateral?

They can refuse if the loan outstanding is much more than the collateral provided. Ex: If you have a loan outstanding of 100,000$ and you have provided a collateral of 50,000$ you cannot expect the bank to release any collateral. Lets say your outstanding is only $30,000 then you can expect the bank to release a certain portion of the collateral atleast $20,000


What is a Collateral Contract?

A collateral contract is a contract which assigns the rights and/or obligations of an existing contract to a third party. Due to the doctrine of "privacy of contract" only those parties mentioned in a contract have rights and obligations and it is illegal to assign these rights and obligations to third parties without the consent of the other parties to the main contract. Collateral contracts overcome the privacy of contract doctrine. Collateral contracts are used in the construction industry to make a direct contractual relationship between clients and sub-contractors. In the collateral contract the client will promise to pay the sub-contractor for the works that the main contractor promised the client to undertake. This collateral contract comes in handy when the main contractor goes insolvent or has late payments or, more importantly, when the subcontractor's performance is substandard.

Related questions

What is the opposite of collateral?

Antonyms of the adjective collateral are:chiefdifferentdissimilarimportantindependentmajornecessarymainprimaryAntonyms of the noun collateral are:breakuncertainty


What is a collateral bond?

"What is a collateral bond?"


Can you use your car as collateral for a loan?

Yes, your car can be used a collateral but it is up to the lender.Yes, your car can be used a collateral but it is up to the lender.Yes, your car can be used a collateral but it is up to the lender.Yes, your car can be used a collateral but it is up to the lender.


What is Collateral management?

Collateral Management: Collateral means , mutual agreement. Collateral Managemet is a line of busineed in banking sector , each investor will have collateral agreement on some mutual transaction. One of the example, Equity Derivatives. It provides interface to enter collateral data, and it has a master data of collateral descriptions and types. It maintains customer, collateral, and credit account relationships so the amount of idle collateral can be determined. It is usually packaged in an application or part of the core-banking application.


When was Collateral released?

Collateral was released on 08/06/2004.


What was the Production Budget for Collateral?

The Production Budget for Collateral was $60,000,000.


When was Collateral Karma created?

Collateral Karma was created in 2009.


A written claim to some piece of property?

collateral


What is the ISBN of Collateral Karma?

The ISBN of Collateral Karma is 978-1598586978.


How many pages does Collateral Karma have?

Collateral Karma has 293 pages.


What is a sentence for collateral?

The investigation was not limited to the immediate, with a disregard of the collateral evidence.


What does collateral refer to?

security for a loan or outside of what was intended (collateral damage)