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.
version added: 1.4 .addClass(function). function. Type: Function (Integer index, String String. A function returning one or more space-separated class names to be added to the existing class name(s). Receives the index position of the element in the set and the existing class name(s) as arguments.Within the function, this refers to the current element in the set.It's important to note that this method does not replace a class. function returning one or more space-separated class names to be added to the existing class name(s). Receives the index position of the element in the set and the existing class name(s) as arguments.