collateralize

American  

[kuh-lat-er-uh-lahyz] / kəˈlæt ər əˌlaɪz /

especially British, collateralise

verb (used with object)

collateralized, collateralizing

1. to secure (a loan) with collateral.

2. to pledge (property, securities, etc.) as collateral.

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Other Word Forms

• collateralization noun
• undercollateralized adjective

Etymology

Origin of collateralize

First recorded in 1940–45; collateral + -ize

Example Sentences

There is the borrow/lending facility, where users were lending billions of dollars of assets to each other, collateralized by assets on the exchange.

From New York Times

“The cards were collateralized by transferring $99,000 from a Hudson West III account to a separate account, where the funds were held until the cards were closed.”

From Washington Times

Commodity Futures Trading Commission a formal withdrawal of FTX's request from December last year that sought to allow the crypto exchange to offer products that are not fully collateralized.

From Reuters

Bloomberg News reported earlier on Monday, citing people familiar with the matter, the launch of an auction for the unit, which includes a platform for investing in collateralized loan obligations.

From Reuters

The prices of bonds tied to collateralized loan obligations, investment vehicles that buy loans tied to junk-rated corporate debt, have fallen in recent weeks as British pension funds sell off their holdings to raise cash.

From New York Times