overcollateralize

verb

Etymology

From over- + collateralize.

  1. derived from col- — “together with
  2. derived from collaterālis
  3. suffixed as collateralize — “collateral + ize
  4. formed as overcollateralize — “over- + collateralize

Definitions

  1. To collateralize for too large an amount.

    • Companies seeking to raise capital through bond offerings may often be required to overcollateralize the bonds by pledging assets that surpass the bond’s face value.
    • The New York Department of Financial Services (NYDFS) is expected to approve Ripple Labs’ RLUSD stablecoin — an overcollateralized dollar-pegged stablecoin — in the coming days, sources revealed to Fox Business.

The neighborhood

Vish — recursive loop

No curated loop yet for overcollateralize. Loops are being traced one word at a time while the ingestion pipeline matures.

sense glosses and etymology drawn from English Wiktionary · source · CC-BY-SA