Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
UPFRONT COLLATERAL Definition & Legal Meaning
Definition & Citations:
When an institution takes collateral from the borrower right away to cover losses. Refer to periodic collateral.
This article contains general legal information but does not constitute professional legal advice for your particular situation. The Law Dictionary is not a law firm, and this page does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.