All monies

In the context of lending, the expressions "all monies clause" or "all monies security" usually mean that any security or guarantee will cover all amounts which the debtor owes to the creditor under any arrangements (including future arrangements) regardless of how they arise. This contrasts with "specific monies security" or a "specific monies guarantee" under which the security or guarantee provider's liability is limited to a specific debt obligation.

{ "siteName" : "PLC", "objType" : "PLC_Doc_C", "objID" : "1247295328996", "objName" : "ACT_OWNED - READ_ONLY - 6-500-5886", "userID" : "2", "objUrl" : "http://uk.practicallaw.com/cs/Satellite/resource/6-500-5886?null", "pageType" : "Resource", "academicUserID" : "", "contentAccessed" : "true", "analyticsPermCookie" : "2-40e00097:15b19122c8f:1bc7", "analyticsSessionCookie" : "2-40e00097:15b19122c8f:1bc8", "statisticSensorPath" : "http://analytics.practicallaw.com/sensor/statistic" }