Comparative law notes
use this translation in a non-family law context, in which a security interest is retained in the sold property, thereby making it a form of collateral.
There are multiple definitions - click on the translation that matches your context.
collateral means:
Vorbehaltsgut means:
Substantiv
full
noun
use this translation in a non-family law context, in which a security interest is retained in the sold property, thereby making it a form of collateral.
assets (=something valuable) that you promise to give someone if you cannot pay back money that you owe them
We used our house as collateral for the loan.