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Collateral issue

   Also found in: Legal 0.01 sec.
(Law) An issue taken upon a matter aside from the merits of the case.
An issue raised by a criminal convict who pleads any matter allowed by law in bar of execution, as pardon, diversity of person, etc.
A point raised, on cross-examination, aside from the issue fixed by the pleadings, as to which the answer of the witness, when given, cannot subsequently be contradicted by the party asking the question.

See also: Collateral Collateral Collateral



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15 was the first day of trading after: * Lehman Brothers files for Chapter 11 bankruptcy; * Merrill Lynch announces it will be acquired by Bank of America; and * New York agrees to help American International Group with collateral issue.
I want fewer young women coming to the courthouse with these collateral issues.
Servicers with HELOCs in their portfolios must be able to carefully track these and other collateral issues.
 
 
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