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Hoots : Is there a specific term for a collateral with a value less than what has been declared? In other words, a collateral value has been estimated more than its real value. Is there a term for this type of collateral? Is the - freshhoot.com

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Is there a specific term for a collateral with a value less than what has been declared?
In other words, a collateral value has been estimated more than its real value. Is there a term for this type of collateral? Is the term "over-declared collateral" correct in this sense?


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