Search results
- Dictionarycollateral/kəˈlat(ə)rəl/
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 ancestor as another but through 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 Robert Burns"
Powered by Oxford Dictionaries
a smaller blood vessel or nerve that grows out of the main part. SMART Vocabulary: related words and phrases.
As a noun, collateral means something provided to a lender as a guarantee of repayment. So if you take out a loan or mortgage to buy a car or house, the loan agreement usually states that the car or house is collateral that goes to the lender if the sum isn't paid.
Collateral is money or property which is used as a guarantee that someone will repay a loan. [formal] Many people use personal assets as collateral for small business loans. Most people here cannot borrow from banks because they lack collateral. Synonyms: security, guarantee, deposit, assurance More Synonyms of collateral.
Define collateral. collateral synonyms, collateral pronunciation, collateral translation, English dictionary definition of collateral. adj. 1. Situated or running side by side; parallel. 2. Coinciding in tendency or effect; concomitant or accompanying. 3. Serving to support or corroborate:...
Collateral definition: property or other assets pledged by a borrower as security for the repayment of a loan. See examples of COLLATERAL used in a sentence.
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 definition: things that you agree to give someone if you are not able to pay back money you have borrowed from…. Learn more.
Collateral Definition. kə-lătər-əl. Meanings. Synonyms. Sentences. Definition Source. Word Forms. Origin. Adjective. Noun. Filter. adjective. Side by side; parallel. Webster's New World. Similar definitions. Parallel in time, rank, importance, etc.; corresponding. Webster's New World.
a subordinate or accessory part. a side branch, as of a blood vessel or nerve. collateral circulation. a relative descended from the same stock, but in a different line. adjective. accompanying; auxiliary: He received a scholarship and collateral aid. additional; confirming: collateral evidence; collateral security. secured by collateral:
collateral. noun. /kəˈlætərəl/. /kəˈlætərəl/. [uncountable] (finance) property or something valuable that you promise to give to somebody if you cannot pay back money that you borrow. We had put our house up as collateral for our bank loan. Topics Money c2. Word Origin.
