What is UNILATERAL COLLATERAL?

When only one party needs to offer collateral. The party with the lower credit must do this. Refer to bilateral collateral.

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Related Legal Terms
UNILATERAL CONTRACT, BILATERAL COLLATERAL, TRANSACTIONSPECIFIC COLLATERAL, UNILATERAL AND BILATERAL, CROSS COLLATERAL AGREEMENT, POOLED PORTFOLIO COLLATERAL, UPFRONT COLLATERAL, PERIODIC COLLATERAL, COLLATERAL LOAN, COLLATERAL CONTRACT


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