PERIODIC COLLATERAL
\pˌi͡əɹɪˈɒdɪk kəlˈatəɹə͡l], \pˌiəɹɪˈɒdɪk kəlˈatəɹəl], \p_ˌiə_ɹ_ɪ__ˈɒ_d_ɪ_k k_ə_l_ˈa_t_ə_ɹ_əl]\
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When a financial institution revalues collateral to make adjustments. Refer to upfront collateral.
By Henry Campbell Black