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English definition of “collateral”

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collateral

noun [U]
 
 
/kəˈlætərəl/
FINANCE property that someone borrowing money will give to the loan company, if he or she cannot pay the debt: use sth as/pledge sth as/put sth up as collateral Debt counsellors are concerned by the trend towards using houses as collateral against debt. →  See also marketing collateral , security
Translations of “collateral”
in Spanish Garantía…
in Chinese (Traditional) 擔保品,抵押品…
in Russian залог…
in Turkish teminat, güvence…
in Chinese (Simplified) 担保品,抵押品…
in Polish gwarancja, zabezpieczenie…
(Definition of collateral from the Cambridge Business English Dictionary © Cambridge University Press)
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