Cross-Collateralization

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Definition: Cross-Collateralization

Cross-Collateralization
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Full Definition of Cross-Collateralization

When collateral for one loan is also serving as collateral for other loans. For example, in the real estate market, cross-collateralization can occur when a person already owns a house, and wants to buy another one.

Cite Term

To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/cross-collateralization/
Modern Language Association (MLA):
Cross-Collateralization. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
April 20, 2024 https://payrollheaven.com/define/cross-collateralization/.
Chicago Manual of Style (CMS):
Cross-Collateralization. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/cross-collateralization/ (accessed: April 20, 2024).
American Psychological Association (APA):
Cross-Collateralization. PayrollHeaven.com. Retrieved April 20, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/cross-collateralization/

Definition Sources

Definitions for Cross-Collateralization 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.