Collateral
/kəˈlætərəl/
EN
Something of value pledged to a lender as a guarantee for a loan, which will be forfeited if the loan is not repaid; also refers to security that is additional or secondary to something else.
The borrower used their house as collateral to secure a business loan.
Etymology
Derived from the Latin word 'collateralis', meaning 'parallel, subsidiary', formed from 'com-' (together) + 'lateralis' (of the side). It entered English in the 14th century with the literal meaning 'side by side', and took on the financial meaning in the early 19th century.
Translations
简体中文
抵押品,担保物,附属的
繁體中文
抵押品,擔保物,附屬的
日本語
担保,担保物件,副次的
한국어
담보,부수적인
Deutsch
Sicherheit,Neben-,Kollateral
Español
garantía,colateral
Português
garantia,colateral
Français
garantie,collatéral
Català
garantia,col·lateral
Tiếng Việt
tài sản thế chấp,thế chấp
Collocations
collateral damagesecure collateralpledge collateralcollateral loanaccept collateral
Synonyms
securityguaranteesuretypledgebond
Antonyms
unsecured loanprimarymain