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- Dictionarycol·lat·er·al/kəˈladərəl/
noun
- 1. something pledged as security for repayment of a loan, to be forfeited in the event of a default: "she put her house up as collateral for the bank loan"
- 2. a person having the same descent in a family as another but by a different line.
adjective
- 1. additional but subordinate; secondary: "the collateral meanings of a word"
- 2. descended from the same stock but by a different line: "a collateral descendant of George Washington"
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The meaning of COLLATERAL is property (such as securities) pledged by a borrower to protect the interests of the lender. How to use collateral in a sentence. Did you know?
Collateral is a noun that means valuable property owned by someone who wants to borrow money, or a blood vessel or nerve that grows out of the main part. Learn more about the different meanings, usage and examples of collateral in English.
Collateral is property or other assets pledged by a borrower as security for the repayment of a loan. It can also mean a relative descended from the same stock, but in a different line, or something accompanying or confirming something else.
Collateral is something valuable that you promise to give to somebody if you cannot pay back money that you borrow. Learn the meaning, pronunciation, usage notes and synonyms of collateral from the Oxford Advanced Learner's Dictionary.
Feb 23, 2024 · Collateral is a valuable asset that a borrower pledges as security for a loan. Learn about different types of collateral, such as mortgages, car loans, and margin trading,...
It's what you promise to give someone if you don't repay a loan, like the car you put up as collateral when you take a loan out from the bank. As an adjective, collateral can refer to something indirect or off to the side, like collateral damage.
Collateral is a noun meaning a security pledged for a loan or a relative descended from a common ancestor through a different line. It is also an adjective meaning parallel, supporting, or secondary. See different sources and translations of collateral.
Collateral is money or property that is used as a guarantee for a loan, or a person or thing that is related to something else in a certain way. Learn the meaning, synonyms, pronunciation, and usage of collateral in different contexts.
Collateral are things that you agree to give someone if you are not able to pay back money you have borrowed from them. Learn more about the meaning, usage and translations of collateral in different languages.
Collateral is a noun that means valuable property used as security for a loan, or a blood vessel or nerve that grows out of the main part. Learn how to use collateral in a sentence, see related words and phrases, and find translations in different languages.
Learn the meaning of collateral as an adjective and a noun, with synonyms, antonyms, and examples. Collateral can mean side by side, parallel, accompanying, or serving to support or corroborate.
Collateral is something of value that a borrower pledges to a lender as security for a loan. Learn how collateral works, its advantages and disadvantages, and other meanings of the term.
Collateral is money or property that is used as a guarantee that someone will repay a loan. Learn more about its pronunciation, synonyms, grammar, and usage in different contexts with Collins English Dictionary.
Definition of collateral adjective in Oxford Advanced American Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more.
Jun 8, 2021 · Collateral is property or assets that borrowers pledge to lenders as security for a loan. Learn about the different types of collateral, how they are used in various contexts, and the benefits and risks of using collateral.
Collateral is an asset pledged by a borrower to a lender as security for a loan. Learn how collateral works, how its value is assessed, and how liens are registered and enforced.
collateral meaning: things that you agree to give someone if you are not able to pay back money you have borrowed from…. Learn more.
Collateral is an asset or form of physical wealth that the borrower owns like house, livestock, vehicle etc. It is against these assets that the banks provide loans to the borrower. The collateral serves as a security measure for the lender. If you fail to make payments, ...
Oct 1, 2019 · Collateral is an asset pledged by a borrower to a lender, usually in return for a loan. The lender has the right to seize the collateral if the borrower defaults on the obligation. Learn how collateral works, why it matters, and what types of collateral are common.
Mar 26, 2021 · Collateral is a thing of value that a borrower can pledge to a lender to get a loan or line of credit. Learn how collateral works, common types of collateral and...
