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valuable property owned by someone who wants to borrow money, which the person agrees will become the property of the lender (= person or business that lends money) if the debt is not paid back: She put up her house as collateral for the loan.
Collateral is an asset or form of physical wealth that the borrower owns like house, livestock, vehicle etc. It is against these assets that the banks provide loans to the borrower. The collateral serves as a security measure for the lender.
The meaning of COLLATERAL is property (such as securities) pledged by a borrower to protect the interests of the lender. How to use collateral in a sentence. Did you know?
Feb 23, 2024 · Collateral is an item of value pledged to secure a loan. Collateral reduces the risk for lenders. If a borrower defaults on the loan, the lender can seize the collateral and sell...
Aug 6, 2004 · Collateral: Directed by Michael Mann. With Tom Cruise, Jamie Foxx, Jada Pinkett Smith, Mark Ruffalo. A cab driver finds himself the hostage of an engaging contract killer as he makes his rounds from hit to hit during one night in Los Angeles.
Collateral is a 2004 American neo-noir action thriller film directed and produced by Michael Mann, written by Stuart Beattie, and starring Tom Cruise and Jamie Foxx. The supporting cast includes Jada Pinkett Smith, Mark Ruffalo, Peter Berg, Javier Bardem, and Bruce McGill.
May 11, 2018 · Check out the official Collateral (2004) trailer starring Tom Cruise! Let us know what you think in the comments below. Buy or Rent on FandangoNOW: https://...
valuable property owned by someone who wants to borrow money, which the person agrees will become the property of the lender (= person or business that lends money) if the debt is not paid back: She put up her house as collateral for the loan.
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.
Navigating through bustling Los Angeles' crammed streets for twelve hard years, the observant cab driver, Max, receives the first customer for the night: the formidable U.S. prosecutor, Annie Farrell.
