cross-collateralization — USA cross collateralization, Also known as bootstrapping. A practice used in DIP financing arrangements in which a debtor grants its existing prepetition lender a security interest in assets acquired after the bankruptcy filing (such as… … Law dictionary
Cross-collateralization — is a term used when the collateral for one loan is also used as collateral for another loan. If a person has borrowed from the same bank a home loan secured by the house, a car loan secured by the car, and so on, these assets can be used as cross … Wikipedia
Cross Collateralization — The act of using an asset that is currently being used as collateral for a loan is also used as collateral for a second loan. If the debtor was unable make either loan s scheduled repayments in time, the affected lender(s) can eventually force… … Investment dictionary
cross collateralization — Extension of the creditor s interest in property of the debtor so that collateral for one debt also serves as collateral for one or more other debts. American Banker Glossary … Financial and business terms
cross–collateralize — vt ized, iz·ing: to secure (a preexisting debt) with cross collateral cross–collateralization n Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 … Law dictionary
Collateralization — For uses of the word collateralization in finance, see Securitization and Cross collateralization. This article is about a pathological process. For the anastomosis between vessels in physiology, see Arteriovenous anastomosis. In medicine,… … Wikipedia
Cross-border leasing — is a leasing arrangement where lessor and lessee are situated in different countries. This presents significant additional issues related to tax avoidance and tax shelters. Cross border leasing has been widely used in some European countries, to… … Wikipedia
bootstrapping — USA cross collateralization, Also known as bootstrapping. A practice used in DIP financing arrangements in which a debtor grants its existing prepetition lender a security interest in assets acquired after the bankruptcy filing (such as… … Law dictionary
Collateral (finance) — In lending agreements, collateral is a borrower s pledge of specific property to a lender, to secure repayment of a loan.[1][2] The collateral serves as protection for a lender against a borrower s default that is, any borrower failing to pay the … Wikipedia
Hard money loan — A hard money loan is a specific type of asset based loan financing in which a borrower receives funds secured by the value of a parcel of real estate. Hard money loans are typically issued at much higher interest rates than conventional… … Wikipedia
Bridge loan — A bridge loan (also known in some applications as a swing loan) is a type of short term loan, typically taken out for a period of 2 weeks to 3 years [cite web| url=http://www.thisismoney.co.uk/help and advice/advice banks/article.html?in… … Wikipedia