term available collateral what is
Meaning of available collateral value as prior charge. What is it: calculation, if the collateral.

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Definition available collateral value as prior charge

Title: available collateral value as prior charge (FS-CMS) (SAP Library - Glossary)
Category: Collateral Management System (FS-CMS)
Explain:

The value of a collateral agreement to be used in the calculation, if the collateral agreement is to be considered as a prior charge.

Equation:

Available collateral value = Nominal value of the collateral agreement + possible additional charge - possible deductions.

Example

Capitalized land charge interest. A reduction to the current loan proceeds (drawdown) of collateralized receivables in case of external collateral agreements, is a possible deduction

More terms such as available collateral value as prior charge in Dictionary A.