collateral act

collateral act
An act the performance of which is secured by a bond.

Ballentine's law dictionary. . 1998.

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  • collateral — /kalaetsral/ Property which is pledged as security for the satisfaction of a debt. Collateral is additional security for performance of principal obligation, or that which is by the side, and not in direct line. Shaffer v. Davidson, Wyo., 445… …   Black's law dictionary

  • collateral — /kalaetsral/ Property which is pledged as security for the satisfaction of a debt. Collateral is additional security for performance of principal obligation, or that which is by the side, and not in direct line. Shaffer v. Davidson, Wyo., 445… …   Black's law dictionary

  • Collateral management — Collateral has been used for hundreds of years to provide security against the possibility of payment default by the opposing party in a trade. Collateral management began in the 1980s, with Bankers Trust and Salomon Brothers taking collateral… …   Wikipedia

  • Collateral Warranty — The term “collateral warranty” finds its roots in property law. In 1839 Francis Hilliard wrote: “A collateral warranty is where the heir neither does nor could derive his title to the land from the warrantor; and yet is both de barred from… …   Wikipedia

  • Collateral — Properties or assets that are offered to secure a loan or other credit. Collateral becomes subject to seizure on default. Collateral is a form of security to the lender in case the borrower fails to pay back the loan. For example, if you get a… …   Investment dictionary

  • Collateral issue — Issue Is sue ([i^]sh [ u]), n. [OF. issue, eissue, F. issue, fr. OF. issir, eissir, to go out, L. exire; ex out of, from + ire to go, akin to Gr. ie nai, Skr. i, Goth. iddja went, used as prefect of gaggan to go. Cf. {Ambition}, {Count} a… …   The Collaborative International Dictionary of English

  • Act of Union — Union Un ion (?; 277), n. [F., from L. unio oneness, union, a single large pearl, a kind of onion, fr. unus one. See {One}, and cf. {Onion}, {Unit}.] 1. The act of uniting or joining two or more things into one, or the state of being united or… …   The Collaborative International Dictionary of English

  • Dodd–Frank Wall Street Reform and Consumer Protection Act — Full title An Act to promote the financial stability of the United States by improving accountability and transparency in the financial system, to end too big to fail , to protect the American taxpayer by ending bailouts, to protect consumers… …   Wikipedia

  • Contracts (Rights of Third Parties) Act 1999 — Contracts (Rights of Third Parties) Act, 1999 Parliament of the United …   Wikipedia

  • The Kapurthala Royal Collateral Families — The Kapurthala Royal Family is unique for having a number of significant collateral branches. All of these branches emerged as separate powerful entities in their own right due to different historical circumstances.The family of Hon. Raja Sir… …   Wikipedia

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