Crossword puzzle clue "they may be collateral when buying new wheels"

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Answer
Clue
Relevancy
autotradeins
Clue
They may be collateral when buying new wheels
asset
Clue
It can be used for collateral
Definition
an item of worth
assets
Clue
Collateral
Definition
ASSET, an item of worth
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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