Collateral documents
Term · Insurance and risk management · MLC-T-INS-000814
Supporting legal or financial papers that accompany a primary contract or transaction, often detailing security arrangements. In insurance, these include agreements for letters of credit, trust agreements, or pledges of assets used to secure an insured's or reinsured's financial obligations. They provide the legal framework for the collateral arrangement.
| Identifier | MLC-T-INS-000814 |
|---|---|
| Field | Insurance and risk management |
Record as JSON
{
"id": "MLC-T-INS-000814",
"term": "Collateral documents",
"field": "Insurance and risk management",
"definition": "Supporting legal or financial papers that accompany a primary contract or transaction, often detailing security arrangements. In insurance, these include agreements for letters of credit, trust agreements, or pledges of assets used to secure an insured's or reinsured's financial obligations. They provide the legal framework for the collateral arrangement.",
"url": "https://mlchart.com/terminology/insurance/collateral-documents/"
}
Record 600 of 3,708 in Insurance and risk management terminology (MLC-0106). Request the full dataset.