collateral

Intermediatezipf 3.66

Pronunciation

/kəˈlætərəl/(kuh-LAT-ur-ul)

Part of speech

noun / adjectivefinance / general

Chinese

抵押品(名词);附带的(形容词)

Definition

As noun: property or assets pledged as security for a loan, which the lender can seize if the borrower defaults. As adjective: accompanying but secondary; additional but subordinate.

Word family

  • collateralize/kəˈlætərəlaɪz/(v)以...为抵押

Collocations

  • collateral damage
  • put up collateral
  • collateral for a loan
  • collateral requirement
  • collateral value

Examples

  1. 1.Your house serves as collateral for your mortgage — if you stop paying, the bank can foreclose and sell the property to recover its money. (loan security)
  2. 2.The military euphemism "collateral damage" — civilian casualties treated as an incidental side effect of targeting combatants — is one of the most notorious examples of sanitising language. (secondary/accompanying harm)

Synonyms

  • security/sɪˈkjʊərɪti/something pledged as guarantee
  • guarantee/ˌɡærənˈtiː/assurance of fulfilment
  • pledge/plɛdʒ/something given as security

Etymology

from Latin "collateralis" — "col-" (together) + "lateralis" (of the side) — something alongside, on the side