🏦collateral

Meaning

something pledged as security for repayment of a loan

Something pledged as security for repayment of a loan, to be forfeited in the event of a default.

Example Sentences

He used his house as collateral for the bank loan.

The bank requires collateral for loan approval.

Example Expressions

collateral damage

Synonyms

security, guarantee, pledge, assurance

Entry 1

security, guarantee, pledge, assurance

Entry 2

security, guarantee, pledge

Antonyms

unsecured, risk, unsecured loan, risky investment, liability

Entry 1

unsecured, risk

Entry 2

unsecured loan, risky investment, liability

Collocations

post collateral, offer collateral, collateral loan, collateral damage