In the field of investing, and finance.
2006-07-09 10:11:04 · 3 answers · asked by ? 1 in Business & Finance ➔ Investing
WoW! No One has an answer?
2006-07-15 06:26:05 · update #1
Collateral basically is money or property used as a guarantee for repayment of a loan or leverage. If I am not mistaken, 'cross collateral' may be use of the same property or capital as collateral for another loan - something like refinancing!
2006-07-17 03:56:01 · answer #1 · answered by Sami V 7 · 0⤊ 0⤋
An agreement among participants to pool collateral to allow recourse to each other's collateral.
2006-07-19 23:43:07 · answer #2 · answered by Sunny2006 3 · 0⤊ 0⤋
angry money
(sorry.. i just couldn't help it as a joke answer..
but they must have a "dictonary of investment terms" somewhere on the internet that you could find with a google search. just enter the 4 words between the quotes.
2006-07-21 02:34:35 · answer #3 · answered by David L 1 · 0⤊ 0⤋