Collateral Bond | Insurance Glossary

Definition of "Collateral bond"

Bond that provides additional security for a loan.

Difference in the amount of losses between the beginning and end of a time period. ...

Inverse of the actuarial present value of a life annuity, taking the employee's life expectancy into ...

In property insurance, percentages of basic coverages which may be applied to provide coverage for o ...

Direct relationship between the use to which a building is put and the likelihood that it will catch ...

Same as term CEDE: to transfer a risk from an insurance company to a reinsurance company. ...

Members are professional valuers and appraisers or real estate. ...

A title is the right of property ownership. ...

On most transactions, there is usually a listing agent and a selling agent. The selling agent is som ...

When you are preapproved, you have a definite commitment from a lender ...

To begin, you\'ll need to figure out what your gross income is (before taxes) monthly and yearly. T ...

Your motor home can be both your transportation and your home away from home. So like your auto and ...

A lifetime rate cap is an adjustable-rate mortgage (ARM), this cap limits the amount the interest ra ...

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