collateral
IPA: kʌɫˈætɝʌɫ
noun
- (finance) A security or guarantee (usually an asset) pledged for the repayment of a loan if one cannot procure enough funds to repay.
- (now rare, genealogy) A collateral (not linear) family member.
- (anatomy) A branch of a bodily part or system of organs.
- (marketing) Printed materials or content of electronic media used to enhance sales of products (short form of collateral material).
- (anatomy) A thinner blood vessel providing an alternate route to blood flow in case the main vessel becomes occluded.
- (archaic) A contemporary or rival.
adjective
- Parallel, along the same vein, side by side.
- Corresponding; accompanying, concomitant.
- Being aside from the main subject, target, or goal.
- (genealogy) Of an indirect ancestral relationship, as opposed to lineal descendency.
- (finance) Relating to a collateral in the sense of an obligation or security.
- (finance) Expensive to the extent of being paid through a loan.
- Coming or directed along the side.
- Acting in an indirect way.
- (biology, of a vascular bundle) Having the phloem and xylem adjacent.
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Examples of "collateral" in Sentences
- Defeasance is the substitution of collateral.
- The securities serve as collateral for the loan.
- This is to lessen the amount of collateral damage.
- As the collateral damage rises, the colony is evacuated.
- They are neither collateral nor consanguineous relatives.
- Collateral mistakes will not afford the right of rescission.
- Here the underlying asset is used as collateral for the loan.
- That would protect the project without the collateral damage.
- The maximum amount of the loan is determined by the collateral.
- The collateral should provide sufficient protection to the bank.