The institution of money encompasses many formal organizations, including banks and government treasury departments and stock exchanges, which may be termed, institutions, as well as subjective experiences, which guide people in their pursuit of personal well-being.
A covenant is a type of contract in which the covenantor makes a promise to a covenantee to do (affirmative covenant) or not do some action (negative covenant). In real property law, the term real covenants is used for conditions tied to the use of land.
legal Definition of collateral 1: a collateral relative 2: property pledged by a borrower to protect the interests of the lender in the event of the borrower's default; specifically, under Article 9 of the Uniform Commercial Code: property subject to a security interest