Term: Cross Collateralization 

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A financing agreement where one or several assets are utilized as collateral for single or multiple loans.  

Resources relating to Cross Collateralization: 

Cross-Collateralization Provisions
Cross-Collateralization Provisions

Making Sense of Cross-Default and Cross-Collateralization Provisions

In our lives we sometimes come across concepts that sound great in theory, but we do not really understand them. We would like to incorporate them into our world, but …

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Cross Collateralization and Cross-Default Provisions

When talking about collateralization in real estate, the term defines the act of using an asset as collateral to secure a loan. The owner of the real property agrees to …

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