Dictionary Entry
collateral
Part of SpeechnounPronunciation/kəˈlætəɹəl/Word FrequencyCommon (4.71)Curriculum FrequencyLess common (1)A security or guarantee (usually an asset) pledged for the repayment of a loan if one cannot procure enough funds to repay.
In a Sentence
“The bank required the borrower to use their house as collateral for the large loan.”
Published Usage Examples
“Schmidt, on the other hand, never used the term collateral damage -- or any similar term, because that would have completely undermined her fairy tale of righteous indignation.”
This entry also appears in ReadingWillow Year 10 word lists, so students can move between the dictionary and year-level study sets.
Origin
From Latin "collateralis" meaning "by the side of".
Common Phrases
Poetry examples for “collateral”
Excerpts from the ReadingWillow English Library collection.
Poetry examples are still being gathered for this entry. They will appear here once matching poems are available in the library.
