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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 MatchesBilateralBilateralBetween two countries, in contrast to plurilateral and multilateral. CollateralCollateralThe property or other asset which the lender can sell to repay the loan if the borrower does not keep up the mortgage payments. In most cases, the home is collateral on a mortgage. If the borrower fails to repay the loan, the property will be repossessed. Multilateral netting systemMultilateral netting systemElimination of offsetting cash flows between a parent and several subsidiaries. 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. Bilateral exchange rateBilateral exchange rateThe exchange rate between two countries' currencies, defined as the number of units of either currency needed to purchase one unit of the other. Further SuggestionsPlurilateralUnilateral Contract Collateralized mortgage obligation (CMO) Multilateral collateral Collateral trust bonds Plurilateral agreement Collateralized Bond Obligation (CBO) Bilateral trade Bilateral agreement Quadrilateral meetings Bilateral quota Multilateral agreement Unilateral transfer Bilateral transfer Collateral security Collateral |
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