What is collateral level?
What is collateral level?
Collateral value refers to the amount of assets that have been put up to secure a loan. Lenders often use this value to estimate the level of risk associated with a particular loan application.
Is collateral the same as secret?
Collateral – classified information not requiring additional security protections, above those normally required for CONFIDENTIAL, SECRET and TOP SECRET information. Also known as ‘REGULAR’ classified.
What are the 4 types of clearance?
The four main types of security clearances for national security positions are: confidential, secret, top secret and sensitive compartmented information. This type of security clearance provides access to information that could cause damage to national security if disclosed without authorization.
What is the difference between SAP and SCI?
SCI stands for Sensitive Compartmented Information and SAP stands for Special Access Program. Security clearance levels come with different investigations and different challenges.
What collateral means?
/kəˈlæt̬·ər·əl/ valuable property owned by someone who wants to borrow money, which the person agrees will become the property of the lender (= person or business that lends money) if the debt is not paid back: She put up her house as collateral for the loan.
Why is it called collateral?
As a noun, collateral means something provided to a lender as a guarantee of repayment. So if you take out a loan or mortgage to buy a car or house, the loan agreement usually states that the car or house is collateral that goes to the lender if the sum isn’t paid.
