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 …

May 16, 2025 · What Is Collateral? Collateral is a valuable asset that a borrower pledges as security for a loan, serving thus as a guarantee for the lender.

collateral adjective (FINANCIAL) [ before noun ] relating to financial collateral (= valuable property owned by someone who wants to borrow money, that they agree will become the property of …

Collateral is money or property which is used as a guarantee that someone will repay a 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.

It's what you promise to give someone if you don't repay a loan, like the car you put up as collateral when you take a loan out from the bank. As an adjective, collateral can refer to …

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. Want to learn …

Dec 8, 2025 · Collateral is a specific asset or group of assets that a borrower offers to a lender to secure a loan. This asset acts as a secondary source of repayment, guaranteeing the lender a …

Collateral refers to an asset of value that a borrower pledges to a lender as security for a loan. This asset serves as a guarantee that the loan will be repaid. If the borrower fails to repay the …

Define collateral. collateral synonyms, collateral pronunciation, collateral translation, English dictionary definition of collateral. adj. 1. Situated or running side by side; parallel.