Collateral Definition and Examples

So to ensure you keep your car, home, or any other valuable asset being used as collateral on a loan, always make your payments on time to minimize any possibility of defaulting on your debt. Lenders will typically lend only a percentage of the collateral’s...

What is the European Central Bank ECB?

A banking union could make banks less likely to fail and also provide a more orderly process for dealing with any such failures. To provide better oversight, the Council of the European Union created the single supervisory mechanism (SSM). The ESCB comprises the ECB...