Business / Finance Topics |
Collateral
An asset or third-party commitment that is used by a collateral provider to secure an obligation vis-à-vis a collateral taker. See also collateral pool; pledge; repurchase agreement (European Central Bank)
Business / Finance Topics |
An asset or third-party commitment that is used by a collateral provider to secure an obligation vis-à-vis a collateral taker. See also collateral pool; pledge; repurchase agreement (European Central Bank)
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