Industry WIKI

In lending agreements, collateral is a borrower's pledge of specific property to a lender, to secure repayment of a loan. The collateral serves as a lender's protection against a borrower's default and so can be used to offset the loan if the borrower fails to pay the principal and interest satisfactorily under the terms of the lending agreement.

Nancy Merle Pfister was an American woman who was found murdered on February 26, 2014, in a walk-in closet of her secluded home in the Rocky Mountains. She had been beaten in the head and chest with a hammer, ax, and lamp. Pfister has been described as having been a "small-town socialite" and was well known in her small community. In October 2014, Trey and Nancy Styler, Pfister's former

A security deposit is a sum of money held in trust.