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Bookmark or Share- COLLATERAL | English meaning - Cambridge DictionaryCOLLATERAL definition: 1. valuable property owned by someone who wants to borrow money, that they agree will become the…. Learn more.
- COLLATERAL definition and meaning | Collins English DictionaryCollateral is money or property that is used as a guarantee that someone will repay a loan. Many people use personal assets as collateral for small business loans. There is collateral available to be sold if the loans default.
- Collateral Definition & Meaning - Merriam-WebsterAs 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.
- Collateral - definition of collateral by The Free Dictionarycollateral - descended from a common ancestor but through different lines; "cousins are collateral relatives"; "an indirect descendant of the Stuarts"
- Collateral - Definition and Examples - InvestopediaCollateral 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 it to recoup its...
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