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COLLATERAL Definition Meaning - Merriam-Webster As a noun, collateral means something provided to a lender as a guarantee of repayment So if you take out a loan or mortgage to buy a car or house, the loan agreement usually states that the car or house is collateral that goes to the lender if the sum isn't paid
Collateral - Definition and Examples - Investopedia What Is Collateral? Collateral is a valuable asset that a borrower pledges as security for a loan For example, when a homebuyer gets a mortgage, the home serves as the collateral
Collateral (2004) - IMDb Collateral: Directed by Michael Mann With Tom Cruise, Jamie Foxx, Jada Pinkett Smith, Mark Ruffalo A cab driver finds himself the hostage of an engaging contract killer as he makes his rounds from hit to hit during one night in Los Angeles
Collateral | Definition, Types, Uses in Finance and Law Collateral refers to property or assets that borrowers pledge to lenders as security for a loan Lenders can take possession of the collateral if the borrower does not repay the loan according to the terms of the agreement
collateral noun - Definition, pictures, pronunciation and . . . Definition of collateral noun from the Oxford Advanced Learner's Dictionary property or something valuable that you promise to give to somebody if you cannot pay back money that you borrow We had put our house up as collateral for our bank loan
Collateral - Definition, Meaning Synonyms | Vocabulary. com It's what you promise to give someone if you don't repay a loan, like the car you put up as collateral when you take a loan out from the bank As an adjective, collateral can refer to something indirect or off to the side, like collateral damage