collateral loan in the Oxford Spanish Dictionary

Translations for collateral loan in the English»Spanish Dictionary

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I.loan [Am loʊn, Brit ləʊn] N

II.loan [Am loʊn, Brit ləʊn] VB trans

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I.collateral [Am kəˈlædərəl, kəˈlætrəl, Brit kəˈlat(ə)r(ə)l] N U

II.collateral [Am kəˈlædərəl, kəˈlætrəl, Brit kəˈlat(ə)r(ə)l] ADJ

collateral loan in the PONS Dictionary

Translations for collateral loan in the English»Spanish Dictionary

American English

Monolingual examples (not verified by PONS Editors)

English
As well, lenders charge monthly interest on collateral loans, while interest on traditional mortgages is calculated semi-annually (the more frequently interest is calculated, the more interest you pay).
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That loan similarly becomes a collateral loan which can't be transferred easily, not only because it's a floating rate, but also because it's a floating balance.
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Traditional mortgages are secured directly by the property, whereas collateral loans such as lines of credit are promissory notes with the property pledged as collateral.
www.theglobeandmail.com
A title loan is a type of collateral loan that uses the borrower's vehicle title to secure the loan.
www.digitaljournal.com

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