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In lending, the difference between the value of a Loan and the value of the Collateral securing that loan. Or more generally, a Term used for any of a wide variety of spreads and Margin.

Related Terms: 11 ADS, Collateral, ECU, Lend, Loan, Margin, Rally, Ring, SEC, Spread, Term
Other Related Pages: Category: Lending_and_Credit Starting With: H
Additional Related Terms: Allowance for depreciation, Accreted value, Accrual of discount, Amortization of premium, Amortized value, At par, All or any part, At best, At call, ADS