HONGKONGDIR

HOMECompaniesDictionaryFAQs

Home » Dictionary » Lending&Credit » cross-collateralization

Cross-collateralization

Definition
When collateral for one loan is also serving as collateral for other loans. For example, in the real estate market, cross-collateralization can occur when a person already owns a house, and wants to buy another one.

Nearby Terms
Similar companies
Copyright © 2013 hongkongdir.com All Rights Reserved.
Provides public information about companies in the Hong Kong.