Pronunciation: /kəˈlætərəl/
noun something pledged as security for repayment of a loan, to be forfeited in the event of a default
A1 I used my car as collateral for the loan.
A2 The bank accepted the house as collateral for the business loan.
B1 The company offered their inventory as collateral for the investment.
B2 She put up her jewelry as collateral to secure the financing.
C1 The government bonds served as collateral for the infrastructure project.
C2 The valuable artwork was used as collateral in the high-stakes deal.
adjective additional but subordinate; secondary
A1 I used my collateral to secure a loan.
A2 The bank required collateral in order to approve the loan.
B1 The car served as collateral for the bank loan.
B2 The house was put up as collateral for the business investment.
C1 The valuable artwork was used as collateral for the high-risk venture.
C2 The company's assets were used as collateral to secure the loan for expansion.
formal The bank required collateral in the form of property before approving the loan.
informal I had to put up my car as collateral to borrow money from my friend.
slang I had to pony up some collateral to get my hands on that new phone.
figurative Trust is the collateral of any successful relationship.
collateraled
collaterals
more collateral
most collateral
collateral
will collateral
have collateraled
is collateraling
collateral
collateral
to collateral
collateraling
collateraled