collateral Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

Meaning of “collateral” in the English Dictionary

"collateral" in British English

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collateralnoun [U]

uk   /kəˈlæt.ər.əl/  us   /-ˈlæt̬.ɚ-/
  • collateral noun [U] (SECURITY FOR DEBT )

valuablepropertyowned by someone who ​wants to ​borrowmoney, 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.

collateralnoun [C]

uk   /kəˈlæt.ər.əl/  us   /-ˈlæt̬.ɚ-/

collateraladjective

uk   /kəˈlæt.ər.əl/  us   /-ˈlæt̬.ɚ-/ formal
(Definition of collateral from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"collateral" in American English

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collateralnoun [U]

 us   /kəˈlæt̬·ər·əl/
valuablepropertyowned by someone who ​wants to ​borrowmoney, which the ​personagrees will ​become the ​property of the ​lender (= ​person or ​business that ​lendsmoney) if the ​debt is not ​paid back: She put up her ​house as collateral for the ​loan.
(Definition of collateral from the Cambridge Academic Content Dictionary © Cambridge University Press)

"collateral" in Business English

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collateralnoun [U]

uk   us   /kəˈlætərəl/
FINANCE property that someone ​borrowingmoney will give to the ​loancompany, 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.
(Definition of collateral from the Cambridge Business English Dictionary © Cambridge University Press)
Translations of “collateral”
in Spanish Garantía…
in Vietnamese tài sản thế chấp…
in Malaysian kolateral…
in Thai หลักทรัพย์ประกัน…
in Chinese (Simplified) 担保品,抵押品…
in Turkish teminat, güvence…
in Russian залог…
in Indonesian jaminan, agunan…
in Chinese (Traditional) 擔保品,抵押品…
in Polish gwarancja, zabezpieczenie…
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