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  1. Dictionary
    collateral
    /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"

    More definitions, origin and scrabble points

  2. a smaller blood vessel or nerve that grows out of the main part. SMART Vocabulary: related words and phrases.

  3. 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.

  4. Feb 23, 2024 · Collateral is an asset that a lender accepts as security for extending a loan. If the borrower defaults, then the lender may seize the collateral.

  5. 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.

  6. 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:...

  7. 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.

  8. 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.

  9. COLLATERAL definition: things that you agree to give someone if you are not able to pay back money you have borrowed from…. Learn more.

  10. 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.

  11. collateral meaning, definition, what is collateral: property or other goods that you promise...: Learn more.

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