Debt backed or secured by collateral to reduce the risk associated with lending. An example would be a mortgage, your house is considered collateral towards the debt. If you default on repayment, the bank seizes your house, sells it and uses the proceeds to pay back the debt.
Permanent underclass is emerging in UK, businesses warn. The Leeds city centre Job Centre Plus offices on the day figures showed youth unemployment had passed the 1m mark. Britain risks creating an underclass of people who are permanently excluded from the prospect of employment, a report published on Thursday warns.
called the direct superclass. â¢ As mentioned, a subclass can have many superclasses, but only one direct superclass. Home An Applet Hierarchy â¢ When we wrote an applet, we defined a subclass. â¢ We say that inheritance implements an  is a  relationship, in that a subclass object  is a  superclass object as well. â¢ Thus, RollABall is a JApplet (its direct superclass), Applet, Panel, Container, Component, and Object.