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collateralize
[kuh-lat-er-uh-lahyz]
verb (used with object)
to secure (a loan) with collateral.
to pledge (property, securities, etc.) as collateral.
Other Word Forms
- collateralization noun
- undercollateralized adjective
Word History and Origins
Origin of collateralize1
Example Sentences
Jefferies was a provider of receivables financing for First Brands through its Bonita Point Capital asset-management unit, and its Apex Credit Partners business handled leveraged loans and collateralized loan obligations involving the company.
Compared with private equity, private credit is less risky than direct ownership because the loans are collateralized against cash flows and assets, and cash flow is distributed monthly or quarterly.
Don Hankey, the head of KSIC, said the bond was fully collateralized with cash from Trump’s company, according to the report.
A state appeals court also has held, in an unrelated case, that there needed to be a showing that a bond was “sufficiently collateralized by identifiable assets.”
The private credit group will have a team of more than 50 analysts in different geographies looking into private credit in institutions such as business development companies, collateralized loan obligations, insurance and asset management companies.
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