Sentence examples for serving as collateral from inspiring English sources

Thornburg was subject to margin calls if the value of its adjustable-rate mortgage securities that were serving as collateral for its loans fell below designated thresholds.

The Dallas Morning News reported that the $80 million loan required appraisals of property serving as collateral for the loan, title work and the lender's satisfaction with the financial condition of Luby's.

A Small Business Administration rep even broke out laughing at the idea of old beat-up tin-roofed wooden shacks serving as collateral.

When borrowing to buy stocks, the shares serve as collateral.

Many different things can serve as collateral for a loan.

The bank would charge 3percentt annual interest and the preferred shares would serve as collateral.

The oil in the tanks served as collateral for loans to Allied Crude that were guaranteed by the American Express unit.

The bookies move in; television sets, Toomer relates, are trundled along the streets to serve as collateral.

Because Lord Black's shares served as collateral for the bonds, he could have lost control of the newspaper company.

Others with steadier cash flow serve as collateral on Enron's loans, raising questions about how easily they can be used to satisfy the company's debts.

The depository receipts could be sold relatively easily, but 26 million of them currently serve as collateral for some convertible bonds that MediaOne has issued.