Glossary
Welcome to SFNet's Secured Finance Glossary of industry terms. Currently the SFNet Glossary has over 400 industry terms and definitions. You can search specific terms in the search tool above, or use the alpha tool below and progress on the paginations.
Customized Inventory 
Inventory that is customized in nature and potentially not easily liquidated as it is highly specific to the account debtor. Typically inventory of this nature has either a low advance rate or is considered ineligible.
Customs Broker
Broker who facilitates "clearing" of goods through customs for importers and exporters. Brokers may hold ownership/offset rights on the collateral for expenses incurred in clearing the goods thru customs.