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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"
   • ▪ denoting inadvertent casualties and destruction in civilian areas in the course of military operations: euphemistic "munitions must be able to destroy the target without causing collateral damage"
   • 2. descended from the same stock but by a different line: "a collateral descendant of Robert Burns"
   • 3. situated side by side; parallel: "collateral veins"

   Word Origin late Middle English (as an adjective): from medieval Latin collateralis, from col- ‘together with’ + lateralis (from latus, later- ‘side’). collateral (sense 1 of the noun) (originally US) is from the phrase collateral security, denoting something pledged in addition to the main obligation of a contract.

   Derivatives

   • 1. collaterality noun
   • 2. collaterally adverb

   Scrabble Points: 12

   • C

     3

   • O

     1

   • L

     1

   • L

     1

   • A

     1

   • T

     1

   • E

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   • R

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   • A

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   • L

     1

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   More definitions, origin and scrabble points

2. dictionary.cambridge.org › english › collateralCOLLATERAL | English meaning - Cambridge Dictionary

   dictionary.cambridge.org › english › collateral

   • Cached

   COLLATERAL definition: 1. valuable property owned by someone who wants to borrow money, that they agree will become the…. Learn more.

3. www.merriam-webster.com › dictionary › collateralCollateral Definition & Meaning - Merriam-Webster

   www.merriam-webster.com › dictionary › collateral

   • Cached

   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. www.investopedia.com › terms › cCollateral - Definition and Examples - Investopedia

   www.investopedia.com › terms › c

   • Cached

   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. www.collinsdictionary.com › english › collateralCOLLATERAL definition and meaning | Collins English Dictionary

   www.collinsdictionary.com › english › collateral

   • Cached

   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. www.dictionary.com › browse › collateralCOLLATERAL Definition & Meaning | Dictionary.com

   www.dictionary.com › browse › collateral

   • Cached

   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.

7. www.vocabulary.com › dictionary › collateralCollateral - Definition, Meaning & Synonyms | Vocabulary.com

   www.vocabulary.com › dictionary › collateral

   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.

8. www.thefreedictionary.com › collateralCollateral - definition of collateral by The Free Dictionary

   www.thefreedictionary.com › collateral

   • Cached

   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:...