| 单词 | COLLATERAL |
| 释义 | ASSETS, such as cash, securities, ACCOUNTS RECEIVABLE, INVENTORY, LETTERS OF CREDIT, or physical property, taken to secure a CREDIT RISK exposure. By accepting collateral, the creditor has an additional source of repayment should its COUNTERPARTY be unable to perform on its obligations. |
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法律词典收录了41026条英汉双解法律词条，基本涵盖了常用法律英语单词及短语词组的翻译及用法，是法律学习的有利工具。