Collateral

Language: English

Pronunciation: col-lat-er-al

Part of Speech: noun

Defined Definitions

A security or guarantee (usually an asset) pledged for the repayment of a loan if one cannot procure enough funds to repay.

User Defined Definitions

"a security pledged for the repayment of a loan"

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"descended from a common ancestor but through different lines"

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"serving to support or corroborate"

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"additional but secondary; auxiliary;"

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"situated or running side by side"

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"occurring with or following as a consequence"

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