Collateral Value Insurance

Business, Legal & Accounting Glossary

Definition: Collateral Value Insurance


Collateral Value Insurance


Full Definition of Collateral Value Insurance


A type of insurance that allows lenders to guarantee the value of property that is being used as collateral for a loan. The property is usually professional appraised before the certificate of guarantee is released. The insurance also allows lenders to recoup a certain amount of money if the property must be sold.


Cite Term


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Page URL
https://payrollheaven.com/define/collateral-value-insurance/
Modern Language Association (MLA):
Collateral Value Insurance. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. November 29, 2021 https://payrollheaven.com/define/collateral-value-insurance/.
Chicago Manual of Style (CMS):
Collateral Value Insurance. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/collateral-value-insurance/ (accessed: November 29, 2021).
American Psychological Association (APA):
Collateral Value Insurance. PayrollHeaven.com. Retrieved November 29, 2021, from PayrollHeaven.com website: https://payrollheaven.com/define/collateral-value-insurance/

Definition Sources


Definitions for Collateral Value Insurance are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.