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cross-collateralization

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.

Related information about cross-collateralization:
  1. Cross-collateralization - Wikipedia, the free encyclopedia
    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 ...
     
  2. Cross Collateralization Definition | Investopedia
    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 ...
     
  3. What is Cross-Collateralization?
    Brief and Straightforward Guide: What is Cross-Collateralization?
     
  4. Cross-Collateralization
    Cross-Collateralization by Daniel Steven. Q. What is cross-collateralization, and is there a cure? A. Cross-collateralization is an accounting concept (stay with ...
     
  5. What is cross-collateralization? definition and meaning
    Definition of cross-collateralization: When collateral for one loan is also serving as collateral for other loans. For example, in the real estate market, ...
     
  6. Bankruptcy Process – Dealing With Credit Unions and Cross ...
    Specifically, the cross collateralization agreements that most credit unions include in ... The cross collateralization agreement essentially states that all of your ...
     
  7. PLC - Cross-collateralization Clause (Dragnet Clause)
    A standard form of cross-collateralization clause found in a loan agreement or security agreement in some consumer and corporate loan transactions.
     
  8. Bankruptcy & Cross-Collateralization | Home Guides | SF Gate
    Cross-collateralization is a feature of many consumer loans, and means that the loan in question is secured by other property that is also being used as ...