The bank requires
collateral, such as a house or a car, for a secured loan.
银行要求有抵押品，如房屋或汽车，以获得担保贷款。
In case of default, the lender can seize the
collateral to recover their losses.
如果借款人违约，贷款人可以没收抵押品以挽回损失。
Putting up your home as
collateral can be risky if you're not confident in your ability to repay the loan.
如果你对自己偿还贷款的能力没有信心，用你的房子做抵押会有风险。
The value of the
collateral must exceed the amount of the loan to ensure adequate coverage.
抵押品的价值必须超过贷款金额，以确保有足够的保障。
Stocks, bonds, and other financial assets can also serve as
collateral for loans.
股票、债券和其他金融资产也可以作为贷款的抵押品。
The entrepreneur used future revenues from his business as
collateral to secure funding.
企业家用其企业未来的收益作为抵押，以获得资金支持。
The borrower agreed to offer their yacht as
collateral to obtain the substantial loan.
借款人同意提供他们的游艇作为抵押，以获得大额贷款。
Collateral damage refers to unintended harm caused to civilians or their property during military operations.
附带损害指的是在军事行动中对平民或其财产造成的无意伤害。
The art collection was used as
collateral to secure a substantial line of credit.
这批艺术品被用作抵押，以确保获得大量信贷额度。
Having strong
collateral can significantly improve your chances of getting approved for a loan.
拥有强有力的抵押品可以大大提高你获得贷款批准的机会。
Luckin Coffee chairman Lu Zhengyao also issued an statement today, saying that all funds from shares collateral were used to support the operation development of the company, not for personal spending, and there were no asset transfers.
The Hong Kong-listed tourism group, which is better known as Foliday, said in the announcement that the Sanya Atlantis hotel and its water park will be the collateral of the CMBS.
China has been helping small and medium enterprises resolve their financing problems by using their intellectual property as collateral for loans to keep them in operation during the outbreak of novel coronavirus pneumonia, according to the country's top IP regulator.
"Using IP rights of the SMEs, especially those in technological industries, as collateral to aid them in getting loans is an effective solution.
"The administration has also checked the demand for such loans and the abilities of SMEs to repay them, making sure to explain the IP collateral policy and offering relatively supportive services for them, according to He.
The NDRC and CBIRC encouraged financial institutions to increase credit-based loans to small- and medium-sized enterprises to help reduce bank dependence on collateral.
"Part of the reasons for that financing difficulty is that SMEs lack sufficient collateral for banks.
In those days, banks usually required small businesses to use land or factory buildings as collateral for loans, although many SMEs lacked such types of fixed assets.
Citi China broke the convention by offering loans to qualified SMEs based on their cash flow conditions, without fixed asset collateral.
All possible with a few clicks, online accounts receivable exchanges on Qupital can ensure the money is sent to the sellers’ bank account within a day without any fixed asset as collateral.
These guys don’t have the collateral of fixed assets to pledge to the banks, so they are open to alternative solutions.
Lumentum, which does substantial sales to ZTE, also suffered collateral damage from the US punitive decision.
An unsecured creditor is an individual or institution that lends money without getting specific assets as collateral.
Jia used his shares in Leshi as collateral for the loans.
Given private enterprises' relative inability to contain risk and their lack of quality collateral for financing, more innovative methods should be explored, to motivate potential lenders and creditors while also effectively managing private enterprises' loan or debt default risk, he said.
Real estate accounts for 60 percent of urban household assets, and property loans, plus those with real estate as collateral, made up 39 percent of banks' outstanding loans.
Properties used as collateral was once a major financing channel for many local governments and privately-owned enterprises.
A risk compensation mechanism for the national financing guarantee fund will be put in place to support institutions in providing guarantees to micro and small enterprises that lack collateral or credit records.
Li Ke'aobo, deputy director of the Academic Center for Chinese Economic Practice and Thinking at Tsinghua University, said financing woes have always been the most prominent hurdle hampering the development of smaller and micro businesses, as they mostly lack sufficient collateral required for bank loans.
It will work timely to compensate their status of lacking collateral and credit records, and make commercial banks more willing, ready and confident in lending," he said.
An unsecured loan does not require any collateral but is extended by lenders based on a borrower's creditworthiness.
The government said it will establish a risk compensation mechanism for the national financing guarantee fund to encourage financial institutions to provide guarantees for small and micro enterprises lacking collateral or credit records.
A risk compensation mechanism for the national financing guaranty fund will be put in place to support guarantee institutions in providing guarantees to micro and small enterprises that lack collateral or credit records.
Tariffs strike wide and cause collateral damage and are obviously not a perfect option, although they will not and cannot be canceled in the short term.
Who or what might prove "unintended beneficiaries"－call this new phrase an antonym of "collateral damage", if you will－of China's new policies aimed at raising the fertility rate?
The MLF tool was introduced in 2014 to help commercial and policy banks maintain liquidity by allowing them to borrow from the central bank using securities as collateral.
The derivatives included so-called total return swaps, a financial product that allows traders to make massive bets with relatively little underlying collateral.
If the value fell, Archegos would have to put up more collateral or, in industry parlance, post margin.
"After ViacomCBS shares plunged late last month, Hwang's lenders demanded their money, known as a margin call－when a bank asks a client to put up more collateral if a trade partly funded with borrowed money has fallen sharply in value.
Roach elaborated that when the 2008 subprime crisis swept through the world, China's objective back then was crystal clear from the start: address the source of the shock, itself, rather than the collateral damage the shock caused.
That is to say, based on assessments of property projects and developers using market-oriented and legal principles, financial institutions are expected to proactively meet funding needs of projects that are making smooth progress and have sufficient collateral, reasonable liabilities and guaranteed repayment sources.
Its personal loans using homes as collateral amounted to 384.3 billion yuan, with the NPL ratio of 1.08 percent, Hu said.
胡晓炼表示，该行以房产作为抵押的个人贷款总计达3843亿元人民币，不良贷款率为1.08%。
In the past, many farmers authorized to use GI trademarks were unable to obtain bank loans due to insufficient collateral, long agricultural production cycles, poor risk resistance ability and low profits.
Any authorized user of a GI trademark registered in Quanzhou, with the agreement of the trademark owner, can pledge the trademark as collateral for a loan.
Splitting the global semiconductor sector to stifle Chinese mainland's chip development will only worsen such a chip supply crunch and Washington should not turn a blind eye to the collateral damage that could be forced upon its economy, as has already been shown in its automotive industry.
Among our existing real estate corporate clients, 99 percent obtained loans with collateral.
Only 1 percent — a few leading companies in this sector — received unsecured loans that do not receive any type of collateral," he said.
Amid such a backdrop of market stabilization, more homes are used as collateral in project construction payments by cash-strapped property developers to their construction companies.
在市场趋于稳定的背景下，资金紧张的房地产开发商越来越多地将房屋用作抵押，以支付给建筑公司的项目施工款。
Meanwhile, more businesses should be developed, such as taking carbon emission rights as collateral, repurchase of carbon emission rights, carbon funds and carbon trust, said PwC experts.
普华永道专家表示，应进一步开发诸如以碳排放权作为抵押、碳排放权回购、碳基金和碳信托等更多业务。
Rejecting "debt bondage" accusations, Montenegrin Prime Minister Dusko Markovic said in June 2019 that his country did not provide land as collateral for loans, adding that the Export-Import Bank of China offered the best terms in the global financial marketplace at that time.
拒绝“债务奴役”的指控，黑山总理杜斯科·马尔科维奇在2019年6月表示，他的国家没有为贷款提供土地作为抵押，并补充说，当时中国进出口银行在全球金融市场中提供了最优惠的条件。
Micro business owners surveyed said they are more inclined to solve the current cash flow problem through online lending platforms or folk lending, for they face obstacles to getting a bank loan due to factors such as a lack of collateral, poor financial situation and complicated loan application process.
Financial institutions and relevant industry and government departments need to make continued efforts to help stabilize the capital chain of small－and medium-sized firms through financial support, as these firms have suffered heavy losses from the epidemic but have relatively fewer assets as collateral for loans, he said.
"However, such exchanges may go the way of other collateral damage taking place amid the dispute between the two countries, which has expanded from trade into the education realm.
Li Peijia, a senior analyst at Bank of China, suggested the country should promote the development of third-party intellectual property rights review and transfer markets, so that banks can find sufficient motivation to fund innovation-oriented enterprises, given the latter's distinct characteristics like the lack of tangible assets that could be collateral.
He recalled that though orders nearly doubled every year, BYD did not have much collateral to take out a loan for factory expansion.
In the beginning, our orders almost doubled every year, but we didn't have much collateral.
The company has pledged its corporate headquarters in Los Angeles as collateral to secure the rescue loan from Innovatus Capital Partners, a New York investment firm, for a term of one year, according to a Wall Street Journal report on Aug. 3.
However, Wangui cannot access bank credit due to a lack of formal employment or collateral.
With no need for collateral, the technology's far-reaching influence goes beyond the epidemic," said Huang Yiping, director of the Institute of Digital Finance at Peking University.
Small and medium-sized enterprises have been using IP as collateral to secure funding and many poverty-affected regions have relied on geographical indications to improve living standards.
Millions of Chinese startups now enjoy access to credit without having to provide collateral.
It is quite different from granting credit to traditional companies based on our evaluation of their cash flow and collateral," Hu said.
The financial market connectivity-enhancing measures include allowing bonds under Bond Connect as eligible collateral for the renminbi liquidity arrangement of the HKMA, further opening up foreign investors to participate in domestic bond repurchase business, and expanding and facilitating individual investment channels in the Guangdong-Hong Kong-Macao Greater Bay Area.
I hope the collateral function of mainland bonds can be strengthened so as to facilitate international investors to revitalize their positions, and use their bond holdings to manage liquidity flexibly," said HKMA Chief Executive Eddie Yue Wai-man.
The measures enhancing financial market connectivity include allowing bonds under Bond Connect as eligible collateral for the renminbi liquidity arrangement of the Hong Kong Monetary Authority, further opening-up so that foreign investors can participate in domestic bond repurchase business, and expanding and facilitating individual investment channels in the Guangdong-Hong Kong-Macao Greater Bay Area.
On the policy front, Zhou said efforts are needed to address the difficulties arising in the pricing of intellectual property rights and transactions so that banks can more easily use IPR as collateral for loans, while structural monetary tools and tax breaks can be further used to motivate banks to serve innovation-oriented companies.
In a currency swap, a central bank borrows renminbi with its own country's currency as collateral and vice versa.
The MLF is an instrument with which commercial and policy banks can borrow from the central bank using securities as collateral.
These institutions can take out SLF loans from the central bank, using qualified bonds and other credit assets as collateral.
In a currency swap, a central bank borrows the renminbi with its own country's currency as collateral and vice versa.
The MLF tool helps commercial and policy banks maintain liquidity by allowing them to borrow from the central bank using securities as collateral.
These institutions can take out SLF loans from the central bank using qualified bonds and other credit assets as collateral.
In the US, that has meant guaranteeing the previously unguaranteed deposits of the two banks that failed and also offering a term lending facility to all banks for additional funding, backed by a broad range of collateral at the face value of the collateral rather than the market value, he said.
There is no collateral as weak as that was.
ICBC's branch in Ningde, Fujian province, has launched a fishery raft aquaculture loan product, using water area and intertidal aquaculture certificates, ocean usage leasing rights and fishery raft aquaculture facilities as collateral to enhance borrowers' creditworthiness.
Prior to the launch of the fishery raft aquaculture loan product, aquaculture farmers in Ningde mainly applied for small unsecured loans from village and township banks, with low credit limits, due to the lack of traditional collateral such as property.
These efforts have effectively revitalized new types of production factors, such as fishery raft aquaculture facilities, and solved the financing difficulties faced by aquaculture farmers who cannot meet the requirements for obtaining unsecured loans or lack traditional collateral, thus promoting the development of the local aquaculture industry.
In mortgages, the collateral is the home, which is of good asset quality.
As of early October, the PBOC had established local currency swap arrangements, in which a central bank borrows renminbi with its own country's currency as collateral and vice versa, with its counterparts in 40 countries and regions.
The exchange said it will publish the lists of stocks eligible for margin lending and securities allowed to be used as collateral in margin accounts.
To perform margin trading, investors will need to ensure the collateral they deposit with the broker is not less than the value of securities they buy.
For securities lending, collateral should be no less than half of the value of securities they short, the BSE said.
The regulator also pushed listed companies to mitigate the risk of share pledging, a practice of using shares as collateral for loans.
The bank will include business entities and collateral in the metaverse and carry out dynamic monitoring to enhance its intelligent risk management capabilities, Jin said.
Banks should bring movable assets and rights, including means of transport, production equipment, raw materials, semi-finished products, accounts receivable, property rights and forest rights, into their collateral directory based on their own business conditions and risk management abilities.
They are also encouraged to support corporate innovation by allowing businesses to use the exclusive right of layout designs of integrated circuits as a collateral.
The CBIRC and the PBOC said they will support banks to explore technological measures, like blockchain, to record and verify information on accounts receivable confirmation, transfer and collateral on the blockchain.
In addition, they required banks to strengthen the management of risks associated with movable assets and rights-based financing through cross-validation of the flow of capital, goods and information, as well as make sure that collateral risks are controllable.
For instance, comprehensive analysis based on data from firms, public services and financial sectors can provide accurate profiles of potential borrowers so that the reliance on collateral can be reduced and information gaps between banks and borrowers narrowed.
Shenzhen HTI Group Co Ltd, a local investment firm for high-tech startups, has established an online fundraising platform to provide loans without traditional collateral requirements.
They can pledge property as collateral to banks or insurance companies.
Allowing small businesses to apply for these loans online without collateral, the bank can complete the process of loan approvals and issuances very efficiently via a smart risk management platform, Fang said at the news conference.
Chen ran from pillar to post in search of funding, but his business is too small to be collateral for securing a sufficient loan amount.
Amid the gloomy days, he saw some rays of hope when one day he came across a credit product that does not require collateral.
Agricultural Bank of China Ltd, another large State-owned commercial lender, said although its nonperforming real estate loans increased in 2021, overall risks remained under control as the bank strengthened the management of real estate loans, attaching great importance to collateral for real estate projects and the supervision of funds.
Among our existing real estate corporate clients, 99 percent obtained loans with collateral," said Hu Gang, vice-president of China CITIC Bank.
It is not easy for SMEs to seek financing under such circumstances as they cannot provide collateral for bank loans.
If the guarantee and collateral mechanisms are imperfect, banks will step back from supporting these projects due to higher risks associated with long-term loans and investments.
In the indirect financing model which has long been dominated by banks, SMEs usually face great difficulty in receiving funding as they cannot provide the collateral required by banks, he said.
The issuance of the loan took into account an overall analysis on the wetland's carbon sequestration capacity as a fundamental factor, and the loan amount was calculated based on the transaction prices in the national carbon market, with the wetland's long-term income right from carbon trading as collateral, the bank said.
The bank also increased the offering of unsecured loans that do not require any type of collateral to a growing number of micro and small businesses by integrating their credit information gained through internal and external sources.
Smaller businesses often find it relatively difficult to get loans due to a lack of collateral.
Financial innovation for them will help reduce their dependence on collateral and free up more funds for technological breakthroughs," she said.
The banking sector will explore the opportunity of using a quota on carbon emissions as collateral for loans and mobilizing more private capital to invest in green assets via asset-backed securities, Ye said.
While these small-sized companies have little collateral, they also entail higher risks and more uncertainty.
The scope for financial innovation in this field will enlarge further, ranging from financing products using carbon emission rights as collateral to various types of derivatives, experts said.
The central bank has included green bonds and green credit into the eligible collateral of central bank lending facilities and would create tools to encourage financial institutions to finance emission reduction.
It has also accepted green bonds as collateral in the medium term lending facility, and recently excluded clean coal projects from its green bond standards, according to the report.
Digital credit has substantially increased the availability of inclusive financing by performing smart risk management with big data, which reduced reliance on collateral, said Guo.
Digital credit has substantially increased the availability of inclusive financing by performing intelligent risk control with big data, which reduced reliance on collateral, said Guo.