How to Plant Rye Grass Four Methods: Preparing Your Planting Area Seeding Ryegrass Laying Ryegrass Sod Caring for Your Ryegrass Community Q&A Ryegrass is often used in northern climates due to its ability to tolerate cool temperatures, and is typically planted when other, more permanent grasses have died out for the year.
substitution of collateral. Definition. A provision in a mortgage to allow the borrower to obtain a release of the original collateral by replacing it with another form of collateral satisfactory to the lender. Print Cite / Link.
What is 'Collateral'. Collateral is a property or other asset that a borrower offers as a way for a lender to secure the loan. If the borrower stops making the promised loan payments, the lender can seize the collateral to recoup its losses. Since collateral offers some security to the lender should the borrower fail to pay back the loan, loans that are secured by collateral typically have lower interest rates than unsecured loans.