Exact(1)
The city could issue yet more debt, using assets like its port or utilities as collateral, according to a person with ties to the group.
Similar(59)
Innovation and intangible assets must become as attractive as collateral as bricks and mortar.
Instead, it would lend her $2,600 at what she later would learn was the equivalent of 153% annual interest — as long as she put up her 2005 Buick Rendezvous sport utility vehicle as collateral.
Vivendi may also want to put up its 44% stake in water utility Vivendi Environnement as collateral to land more credit but the government could nix either of these scenarios.
Instead, a harsh $73m bailout loan was signed by the city and state, which required Atlantic City to dissolve its independent water utility and hold the infrastructure as collateral for the bailout loan.
He described her case as "collateral damage".
Culture is not hit as collateral damage.
The property and copyrights remain as collateral.
"It's seen as collateral damage.
In war, both sides destroy art, usually as collateral damage.
The shares had been pledged as collateral for a loan.
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