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.
CAPEX 
Capital expenditure, or CapEx, are funds used by a company to acquire or upgrade physical assets such as property, industrial buildings or equipment.
Capital Lease
A lease in which the lessor only finances the leased asset, and all other rights of ownership transfer to the lessee.
Capital Stack
The legal organization of all of the capital placed into a company or secured by an asset through investment or borrowing.
Capital Structure
The mixture of long-term debt, short-term debt, common equity and preferred equity that finances the overall operations and growth of a company.
Capitalize
An accounting method used to delay the recognition of expenses by recording the expense as a long-term asset.
Cash Collateral
In a bankruptcy setting, cash collateral is cash that is collected when liquid assets are sold during Chapter 11 bankruptcy proceedings.
Cash Collateral Account
A cash collateral account is a common bank account in a standard ABL facility. All money collected by the borrower will flow to the cash collateral account (either directly by an ACH or wire or via a check to a lockbox).
Cash Collateral Order
An court order that states that cash collateral may not be used over the objection of a secured party without a court order.