Cross-Collateralization

Cross-Collateralization Type: noun Pronunciation: /kraws-kuh-lat-er-uh-luh-zay-shun/ Also spelled or known as: Cross-Recoupment Related: Recoupment What does Cross-Collateralization mean? 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 release. Cross-Collateralization synonyms: Cross-Recoupment, Offset […]