Collateral
Pronunciation: /kəˈlætərəl/
Collateral (noun)
- something valuable given to a lender to secure a loan
- something that is related to something else but less important
Examples
- The bank required collateral for the loan.
- Collateral can include property or other assets.
Common collocations: provide collateral, use as collateral, collateral requirement, collateral damage, minimize collateral
Collateral (adjective)
- happening as a side effect or result of something else
- related through a family line but not directly
Examples
- The collateral benefits of exercise include improved mood.
- He considered the collateral issues before making a decision.