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23 de feb. de 2024 · Collateral is a property or other asset that a borrower offers as a way for a lender to secure the loan. If the borrower stops making the promised loan payments, the lender can seize the ...
COLLATERAL definition: things that you agree to give someone if you are not able to pay back money you have borrowed from…. Learn more.
COLLATERAL meaning: 1. valuable property owned by someone who wants to borrow money, that they agree will become the…. Learn more.
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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.
colateral. Del lat. collaterālis. 1. adj. Dicho especialmente de las naves y de los altares: Que están a uno y otro lado de otro principal. Sin.: adyacente, marginal, lateral. 2. adj. Dicho de un pariente: Que no lo es por línea recta. U.
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 something indirect or off to the side, like collateral damage.
