Synonyms for

Collateral

Verb / kʌˈlætɜ:ʌl / Another word for collateral — explore alternatives below. For syllable breakdowns and pronunciation, see this word on Syllablesworld.

Definition

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

Synonyms & similar words

Synonyms by register

Antonyms

Common collocations

  • provide collateral
  • offer collateral
  • acceptable collateral
  • additional collateral
  • lack of collateral
  • collateral damage
  • collateral account

Word family

adjective collateral

Usage note

As a noun, 'collateral' most commonly refers to assets pledged as security for a loan. As an adjective, it means secondary or accompanying, often used in 'collateral damage'.

Example sentences

  1. He used his car as collateral for the loan.
  2. The bank required collateral before approving the loan.
  3. The borrower had to provide collateral in case he couldn't pay back the loan.
  4. The company had to put up collateral to secure the investment.
  5. The lender demanded a high level of collateral to approve the loan.

Quotes

  • The collateral damage of terrorism goes way beyond the people who are physically hurt.
  • I'm always trying to find 'connections' between things. That art is the juxtaposition of a lot of things that seem unrelated but add up to something recognizable.
  • I wanted to be a teacher, but I was a lousy student, one of the slowest readers. It was a tremendous struggle. But I'm lucky I had some teachers who saw something in me.

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