Inicio > Term: obligation to provide additional cover
obligation to provide additional cover
Obligation on the part of the borrower to return the cover for the loan to its contractually agreed level by furnishing additional collateral if the value of the objects pledged as security for the credit has declined.
- Parte del discurso: noun
- Industria/ámbito: Banca
- Categoría: Banca de inversión
- Company: UBS
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Creador
- Stefan K
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