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collateral

[ kuh-lat-er-uhl ]
/ kəˈlæt ər əl /
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noun
adjective
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Origin of collateral

First recorded in 1350–1400; Middle English, from Medieval Latin collaterālis, equivalent to col- a variant of com- + Latin laterālis “on the side of the body”; see col-1 lateral

OTHER WORDS FROM collateral

col·lat·er·al·i·ty [koh-lat-uh-ral-i-tee], /koʊˌlæt əˈræl ɪ ti/, col·lat·er·al·ness, nouncol·lat·er·al·ly, adverb
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2023

How to use collateral in a sentence

British Dictionary definitions for collateral

collateral
/ (kɒˈlætərəl, kə-) /

noun
  1. security pledged for the repayment of a loan
  2. (as modifier)a collateral loan
a person, animal, or plant descended from the same ancestor as another but through a different line
adjective

Derived forms of collateral

collaterally, adverb

Word Origin for collateral

C14: from Medieval Latin collaterālis, from Latin com- together + laterālis of the side, from latus side
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Cultural definitions for collateral

collateral

Property or its equivalent that a debtor deposits with a creditor to guarantee repayment of a debt.

The New Dictionary of Cultural Literacy, Third Edition Copyright © 2005 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.
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