cross-collateralization
Noun
Meaning
cross-collateralization (countable and uncountable, plural cross-collateralizations)
(finance) The situation where the collateral for a loan is also used as collateral for another loan.
Noun
cross-collateralization (countable and uncountable, plural cross-collateralizations)
(finance) The situation where the collateral for a loan is also used as collateral for another loan.