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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

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   • L

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   • A

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   • R

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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.

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. dictionary.cambridge.org › english › collateralCOLLATERAL | definition in the Cambridge English Dictionary

   dictionary.cambridge.org › english › collateral

   • Cached

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

8. www.oxfordlearnersdictionaries.com › definitioncollateral noun - Definition, pictures, pronunciation and ...

   www.oxfordlearnersdictionaries.com › definition

   • Cached

   collateral. noun. /kəˈlætərəl/. /kəˈlætərəl/. [uncountable] (finance) property or something valuable that you promise to give to somebody if you cannot pay back money that you borrow. We had put our house up as collateral for our bank loan. Topics Money c2. Word Origin.