Cross-Collateralization
Cross-Collateralization Type: noun, verb Pronunciation: /kraws-kuh-lat-er-uh-luh-zay-shun/ Also spelled or known as: Cross-Recoupment, Cross-Collateralise Related: Recoupment, Cross-Collateralise What does Cross-Collateralization mean? To be using income from one release to recover costs from another release. In music contracts, cross-collateralization contract clause allows a label, distributor, or publisher to recoup losses from one release using earnings from another […]