Glossary term

Collateral

Refers to the crypto asset that the borrower provides as a guarantee that the borrower will pay back.

  • Updated April 19, 2022
  • First published April 19, 2022
  • Reading time 1 minute

Definition

Understand the fundamentals, context, and nuances behind this term.

Refers to the crypto asset that the borrower provides as a guarantee that the borrower will pay back.