Search results
Results from the WOW.Com Content Network
"Collateral damage" is a term for any incidental and undesired death, injury or other damage inflicted, especially on civilians, as the result of an activity. Originally coined to describe military operations, [ 1 ] it is now also used in non-military contexts to refer to negative unintended consequences of an action.
Common law recognises collateral contract as an exception to parol evidence rule, meaning that admissible evidence of a collateral contract can be used to exclude the operation of the parol evidence rule. Practically, it is rare to find collateral contract as an exception as it must be strictly proved; and the burden of proof is only eased if ...
Collateral management is the method of granting, verifying, and giving advice on collateral transactions in order to reduce credit risk in unsecured financial transactions. The fundamental idea of collateral management is very simple, that is cash or securities are passed from one counterparty to another as security for a credit exposure. [ 9 ]
Collateral ligament a branch in an anatomical structure, e.g. the superior ulnar collateral artery or the prevertebral ganglia , also known as collateral ganglia Collateral circulation , the alternate circulation around a blocked artery or vein via another path, such as nearby minor vessels
Types of business loan collateral. Here’s a look at some common types of collateral used in business loans. Real estate. If your business owns real estate, this can serve as collateral when you ...
Under common law, a liquidated damages clause will not be enforced if the purpose of the term is solely to punish a breach (in this case it is termed penal damages). [23] The clause will be enforceable if it involves a genuine attempt to quantify a loss in advance and is a good faith estimate of economic loss.
Collateral insurance primarily provides financial safeguards against physical damage to your car. At its core, it typically encompasses collision and comprehensive coverage. Depending on the ...
Collateral damage is a U.S. military term for unintended or incidental damage during a military operation. ... "Collateral Damages" (Law & Order: Special Victims Unit ...