What is collateral position?

Collateral Position means the total availability under the Borrowing Base Advance Cap. Collateral Position means Collateral of the Loan Parties available to support a Credit Extension under the Working Capital Line, as determined in the Collateral Position Report.

What is collateralized debt position (CDP)?

Collateralized Debt Position (CDP) is a smart contract based on the Etherum blockchain. It is a variation of financial market derivations created by MakerDAO back in 2014. CDP can simply be defined as a representation of a debt position that is backed by an underlying pool of assets.

What does collateral mean in a loan?

Collateral guarantees a loan, so it needs to be an item of value. For example, it can be a piece of property, such as a car or a home, or even cash that the lender can seize if the borrower does not pay. What Loans Do not Use an Asset as Collateral?

What are the different types of collateralized debt obligations (CDOs)?

Other types of CDOs include collateralized bond obligations (CBOs)—investment-grade bonds that are backed by a pool of high-yield but lower-rated bonds, and collateralized loan obligations (CLOs)—single securities that are backed by a pool of debt, that often contain corporate loans with a low credit rating.