A borrower’s pledge of a security or guarantee, usually an asset such as property, for the repayment of a loan if the borrower fails to repay the loan in full. The collateral serves as protection for a lender against a borrower’s risk of default. If a borrower does default on a loan due to insolvency or other event that borrower forfeits the property pledged as collateral and the lender then becomes the owner of the collateral, which can then be liquidated.
Follow us on TwitterTweets by @CurveSecurities
GIVE US A CALL
Ph (02) 9690 2188
1800 1 Curve (1800 128 783)
SEND US AN EMAIL
PAY US A VISIT
Level 2, 17 Randle St,
Surry Hills, NSW, 2010
Recent commentary by the Curve team
Curve Securities: We elevate performance
ABN 94 143 558 598
AFS Licence 405751
This website is not intended to imply a recommendation or otherwise constitute advice in relation to financial products. It does not take into account your investment objectives, financial situation or particular needs. Before acting on any information you obtain from this website you need to consider the appropriateness of the information in lieu of your investment objectives, financial situation or needs.
© 2018 Copyright – Curve Securities Australia