Title transfer collateral arrangement: Difference between revisions

Title transfer collateral arrangement (view source)

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	{{anat\|security\|}}		{{a\|glossary\|}}{{anat\|security\|}}
	A {{tag\|collateral}} arrangement whereby, instead of instigating a [[pledge]] or [[security interest]] of some kind, a debtor provides cash or [[financial collateral arrangement\|financial collateral]] to its [[creditor]] by means of [[title transfer]] against a [[Contingencies\|contingent obligation]] on the creditor to return an [[equivalent]] security should the [[exposure]] be resolved.		A {{tag\|collateral}} arrangement whereby, instead of instigating a [[pledge]] or [[security interest]] of some kind, a debtor provides cash or [[financial collateral arrangement\|financial collateral]] to its [[creditor]] by means of [[title transfer]] against a [[Contingencies\|contingent obligation]] on the creditor to return an [[equivalent]] security should the [[exposure]] be resolved.