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AH020387 Posted 16 years ago
Vocabulary

'Collateral strength'

What does 'collateral' mean in the phrase 'collateral strength'?
  

Top answer

If you have collateral strength then you have a lot of assets such as houses, factories or other valuable property, against which you can borrow money.

— LouiseT

  • If you have collateral strength then you have a lot of assets such as houses, factories or other valuable property, against which you can borrow money.
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2 Answers
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If you have collateral strength then you have a lot of assets such as houses, factories or other valuable property, against which you can borrow money.
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