Which of the following is NOT considered a type of collateral?

In the context of secured transactions, collateral refers to the property that secures a loan or obligation. It is crucial to distinguish between different types of collateral to understand how they affect the security interests of creditors.

Tangible collateral is physical property, such as machinery or equipment. Consumer goods are a type of tangible collateral specifically intended for personal, family, or household use. Intangible collateral consists of non-physical assets like patents, trademarks, or accounts receivable.

Revenue streams, on the other hand, do not fit neatly into the categories of tangible, consumer goods, or intangible collateral. While they can be critical in the context of a business's financial health and may be involved in a secured transaction, they are not classified as collateral in the sense of the Uniform Commercial Code (UCC) framework. Revenue streams represent the potential or actual income generated by assets, rather than a physical or defined asset that can be used to secure a loan.

Thus, revenue streams stand apart from the established categories of collateral, making it the option that is not considered a type of collateral under the secured transactions framework.