spreader clause

spreader clause
A provision in a mortgage or security agreement that attempts to extend the security interest granted to the creditor to cover not only the described debt but also all other present and future indebtedness of the debtor. American Banker Glossary

Financial and business terms. 2012.

Игры ⚽ Поможем сделать НИР

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  • Argentina — For alternative meanings, see Argentina (disambiguation) and Argentine (disambiguation). Argentine Republic[1] …   Wikipedia

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