it can be used for collateral | Crossword Clue

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Answer

Clue

Relevancy

asset

Clue

It can be used for collateral

Definition

an item of worth

assets

Clue

Collateral

Definition

ASSET, an item of worth

autotradeins

Clue

They may be collateral when buying new wheels

escrow

Clue

Third-party collateral

Definition

to place a deed in the hands of a third party

guaranties

Clue

Lenders' requirements in lieu of collateral, at times

Definition

GUARANTY, to assume responsibility for the quality of, also GUARANTEE

hock

Clue

Use item as collateral for a loan at a pawnshop

Use as collateral with a pawnbroker

Definition

to pawn

lien

Clue

Dibs on collateral

Definition

a right to keep possession of property belonging to another person until a debt due by that person is discharged

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