Collateral
(หลักประกัน)
Definition
Collateral (หลักประกัน) Hard Skill
Collateral refers to assets or properties pledged by a borrower to secure a loan or credit, which can be seized by the lender if the borrower defaults on the repayment.
Expertise Level
Level 1
Basic
1. Understands the basic concept of collateral and its purpose in lending.
2. Can identify common types of collateral such as cash, property, or equipment.
3. Recognizes the role of collateral in reducing lender risk.
Level 2
Intermediate
1. Can evaluate the suitability and value of different types of collateral.
2. Understands legal requirements and documentation related to collateral agreements.
3. Assists in the collateral appraisal and verification process.
Level 3
Advanced
1. Manages complex collateral portfolios and ensures compliance with regulatory standards.
2. Can structure collateral arrangements to optimize risk management and loan terms.
3. Conducts thorough risk assessments and develops strategies for collateral recovery if default occurs.
