Home > Term: Forced sale of collateral
Forced sale of collateral
The forced sale of the assets pledged as security to the bank for a loan if the credit utilisation exceeds the lending value of the pledged collaterals or if the customer is in default regarding repayment of principal or payment of interest.
- Part of Speech: noun
- Industry/Domain: Banking
- Category: Investment banking
- Company: UBS
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- Harry8L
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(London, United Kingdom)