collateral
/kəˈlætəɹəl/
collateral
📚 Meanings
- 1.
An asset pledged as security for a loan, to be forfeited in the event of default.
"The bank required collateral for the loan."
- 1.
Side by side; secondary or subordinate.
"The bank required collateral for the loan."
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💬 Examples
The house served as collateral for the loan.
The house served as collateral for the loan.
Do you have any collateral you can offer for a bigger loan?
Do you have any collateral you can offer for a bigger loan?
The explosion caused only collateral damage to nearby buildings.
...
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collateral - translations in 14 languages
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Frequently asked about collateral
How do you pronounce collateral?
collateral is pronounced [/kəˈlætəɹəl/]. You can hear a native pronunciation on Smoveth.
What does collateral mean?
collateral means "collateral". See the meanings and examples higher up on the page for the full picture.
How difficult is collateral?
collateral is a Intermediate-level word.
Can you give an example sentence with collateral?
Example: "The house served as collateral for the loan." — used to mean "collateral".
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