Real Estate Dictionary



  Collateral

An asset (such as a car or a home) that guarantees the repayment of a loan. The borrower risks losing the asset if the loan is not repaid according to the terms of the loan contract.

 

[ Back To Real Estate Glossary ]

We Are a Member of These Fine Organizations
Maine Commercial Association of Realtors
International Business Brokers Association
Bangor Region Chamber of Commerce
The National Association of Realtors


Commercial Listings | Custom Search | About Us | Our Services | Our Customers | Closed Sales | Contact Us | Mortgage Calculator | Real Estate Dictionary | City & Town Links | Useful Web Sites | Real Estate News | Weather Report | Relocation Guide | Home Page | Our Agents
Website design and hosting by iHOUSE ®

Site Admin Menu