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Lateral Support |
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Lateral SupportThe right of a landowner to the natural support of his land by adjoining land. The adjoining owner has the duty not to change his land (such as lowering it) so as to cause this support to be weakened or removed.Lateral Support Similar MatchesCollateralCollateralAsset than can be repossessed if a borrower defaults. Multilateral Investment Guarantee Agency (MIGA)Multilateral Investment Guarantee Agency (MIGA)Agency established by the World Bank that offers various forms of political risk insurance to corporations. Multilateral netting systemMultilateral netting systemElimination of offsetting cash flows between a parent and several subsidiaries. Bilateral quotaBilateral quotaAn import (or export) quota applied to trade with a single trading partner, specifying the amount of a good that can be imported from (exported to) that single country only. CollateralCollateralAn asset pledged as a guarantee to a lender until a loan is repaid. If the borrower defaults, the lender has a right to sell the collateral asset.An example of a type of financial collateral that can be offered is a life insurance policy which has acquired a cash surrender value equal or greater in value to the loan amount. This could be pledged as security. Further SuggestionsMultilateralCollateralized Bond Obligation (CBO) Collateralized mortgage obligation (CMO) Collateral trust bonds Bilateral exchange rate Plurilateral Unilateral transfer Plurilateral agreement Bilateral agreement Unilateral Contract Bilateral Bilateral transfer Multilateral agreement Collateral security Bilateral trade Quadrilateral meetings Collateral |
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