bank loan collateral
Explanation: Oxford Superlex (copied and pasted):
collateral1 / k@"l&t@r@l / n [u] (Fin) (money) garantía f, fianza f; (property) garantía f real
Luck Frank!
terry
-------------------------------------------------- Note added at 2002-05-07 19:58:12 (GMT) --------------------------------------------------
Some additional confirmation Frank:
See:
http://papers.nber.org/papers/W4273
The Design of Bank Loan Contracts, Collateral, and Renegotiation
Gary Gorton, James A. Kahn. ...
Above
| Terry Burgess Mexico Local time: 13:36 Works in field Native speaker of: English PRO pts in category: 8
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