Sale mortgage - Selling mortgage
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The term "collateral" refers to a security that is sold to a creditor. The term "collateral" comes from the fact that the debtor sells the item provided as collateral to the creditor, who then uses and profits from it, which is similar to the establishment of a mortgage. Source: The Selected Edition of the Japanese Language Dictionary About the Selected Edition of the Japanese Language Dictionary Information |
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〘名〙 売渡担保のこと。債務者が債権者に売り渡す形式をとって担保に供した物をそのまま使用、収益する点で、抵当権の設定に似ているところからその名がある。
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