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collateral
[kuh-lat-er-uhl]
noun
Finance.property or other assets pledged by a borrower as security for the repayment of a loan.
He gave the bank stocks and bonds as collateral for the money he borrowed.
Anatomy.
a subordinate or accessory part.
a side branch, as of a blood vessel or nerve.
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.
a collateral loan.
aside from the main subject, course, etc.; secondary.
These accomplishments are merely collateral to his primary goal.
descended from the same stock, but in a different line; not lineal.
A cousin is a collateral relative.
pertaining to those so descended.
situated at the side.
a collateral wing of a house.
situated or running side by side; parallel.
collateral ridges of mountains.
Botany.standing side by side.
collateral
/ kə-, kɒˈlætərəl /
noun
security pledged for the repayment of a loan
( as modifier )
a collateral loan
a person, animal, or plant descended from the same ancestor as another but through a different line
adjective
situated or running side by side
descended from a common ancestor but through different lines
serving to support or corroborate
aside from the main issue
uniting in tendency
Other 51Թ Forms
- collaterality noun
- collateralness noun
- collaterally adverb
- DZˈٱ adverb
51Թ History and Origins
Origin of collateral1
51Թ History and Origins
Origin of collateral1
Example Sentences
“American taxpayers will no longer be forced to serve as collateral for irresponsible student loan policies,” McMahon said.
Border tsar Tom Homan has justified these arrests as "collateral" damage, arguing that agents cannot legally justify encountering undocumented immigrants and not detaining them.
He also appealed to Asian countries to build a new alliance with Europe to ensure they do not become "collateral damage" in the struggle for power between the US and China.
"We are suffering because of collateral damage at the border," Ms Lee says of her second-generation family business.
In television drama, men can kill lots of people, including those considered collateral damage, and still be considered acceptable enough to remain a main character.
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When To Use
Collateral is an asset, such as a home or a car, pledged by a borrower that a lender accepts as security against a loan in case the borrower for any reason cannot pay back the loan.If a borrower fails to pay back a loan, the lender can seize the collateral and sell it in order to recover the loan amount.
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