is any kind of lending that is secured by an asset. For example if you put up your car as collateral on a loan, and you fail to repay that loan, your car can be repossessed from you due to non compliance with the terms of the loan.

Previous Terms: 1031 Exchange, 1035 Exchange, AARP, Abeyance, Abstraction Principle, Accelerated Amortization, Acceptance Credit, Acceptance of a Bill of Exchange, Accommodation Bill, Accommodation Endorser