Collateral Value Insurance

Dictionary Says

Definition of 'Collateral Value Insurance'

A type of business insurance used by lenders to guarantee the value of appraised property. Collateral value insurance also guarantees a minimum liquidation value in the event the property must be sold. In most cases, the property being used as collateral is appraised before a certificate of guarantee is issued.
Investopedia Says

Investopedia explains 'Collateral Value Insurance'

Many insurers offer this type of protection, which is used primarily by asset-based lenders. In some cases, this type of insurance can be used for liquid assets such as closely held stock. Usually, however, it is geared for tangible property, such as buildings or equipment.

Related Definitions

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'Collateral Value Insurance'

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    ... Collateral value is important to ... income that will be taken up by your house payment
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    ... Forex; Personal Finance; Real Estate; Retirement; Insurance; ETFs; Options ... are taken
    into consideration, the collateral will still have enough value so that the ...
  • Cashing In Your Life Insurance Policy

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    ... using your cash-accumulation account as collateral ... can borrow is based on the value
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  • Texas Ratio Rounds Up Bank Failures

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    ... No ratio is perfect, and the Texas ratio is no exception. For openers, the Texas
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    ... (SIPC); 9.15 The Federal Deposit Insurance Corporation (FDIC ... 4000 long market value. ...
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  • Consider Prime Rate Funds For More Income

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    ... to borrowing money from the banks or insurance companies, the ... worth or receiving
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  • Book Value: How Reliable Is It For Investors?

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    ... a car loan using his house as collateral, a company might use valuable assets to
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    ... disease sells his or her life insurance policy at a ... lien", since the securities pledged
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