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 project to recover costs from another. In music contracts, cross-collateralization may let labels or publishers recoup losses from one release using earnings from another. Cross-Collateralization synonyms: Cross-Recoupment, Offset Earnings, Cross-Collateralisation Example sentence: “The attorney […]