Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

  

collateral

noun [U]
 
 
/kəˈlæt.ər.əl/ US  /-ˈlæt̬.ɚ-/ specialized

Definition

valuable property owned by someone who wants to borrow money, that they agree will become the property of the company or person who lends the money if the debt is not paid back: She used/put up her house as collateral for a loan.Savings, interest and capital
(Definition of collateral noun from the Cambridge Advanced Learner's Dictionary & Thesaurus © Cambridge University Press)

“collateral” in other dictionaries

Word of the Day

hold water

If a reason, argument or explanation holds water, it is true

Word of the Day

Blog

Read our blog about how the English language behaves.

Learn More

New Words

Find words and meanings that have just started to be used in English, and let us know what you think of them.

Learn More