Maybe Logo Early Access

Financial Terms / C - D / Collateral


Collateral is any asset that a lender can seize from the borrower if the borrower fails to pay back the loan and/or interest under the agreed terms of the loan. 

For example, when you take out a mortgage, your home is the collateral, and when you take an auto loan, the car is the collateral. The lender will seize your house/car if you fail to repay your loan.

Discover more financial terms

Join the Maybe Maybe Logo waitlist

Join the waitlist to get notified when a hosted version of the app is available.

Don't want to wait? Self-host an early version of Maybe.

Maybe Screenshot