Your English writing platform
Discover LudwigSuggestions(1)
Exact(2)
Mr. Martin, 41, the president of Diamond Services, need only consult with his father, Kenneth (Buster) Martin, who once placed his last $25,000 on his banker's desk as collateral to keep the company running.
The European bank also upped the value of assets that the banks must provide as collateral to keep receiving aid, putting the banks in an even more precarious position.
Similar(53)
As long as the medallions kept increasing in value, the drivers could build equity, which they could then use as collateral to buy a house or send their kids to college.
Nor can they use land as collateral to raise credit.
The receipts had been used as collateral to borrow money to lend them.
Instead, it is held as collateral to assure the seller's repayment of the loan.
Mike Trippitt at Oriel Securities said: "Everyone knows banks use bonds as collateral to secure short-term lending".
"He posted his property as collateral to secure his appearance," Ms. Bumb said.
It used the entire company, even the Ford logo, as collateral to borrow $25 billion.
Worse, millions of homeowners used their residences as collateral to take out home equity loans.
But banks post complex financial instruments as collateral to central banks.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com