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Collateral (finance) - Collateral is a word used for assets that secure a debt obligation. For example, in the case of a mortgage the house serves as the collateral for the mortgage loan.

Derivative (finance) - A derivative is a financial contract whose payoffs over time are derived from the performance of assets (such as commodities, shares or bonds), interest rates, exchange rates, or indices (such as a stock market index, consumer price index (CPI) or an index of weather conditions). This performance can determine both the amount and the timing of the payoffs, and these payoffs can be in cash, as well as ...

Foreign currency mortgage - A Foreign currency mortgage is a mortgage which is repayable in a currency other than the currency of the country in which the borrower is a resident. Foreign currency mortgages can be used to finance both personal mortgages and corporate mortgages.

International finance - International finance is the branch of economics that studies the dynamics of exchange rates, foreign investment, and how these affect international trade.


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