15 results for: Collateral
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Audio Help [kuh-lat-er-uh
l] Pronunciation Key | 1. | security pledged for the payment of a loan: He gave the bank some stocks and bonds as collateral for the money he borrowed. |
| 2. | Anatomy.
|
| 3. | a relative descended from the same stock, but in a different line. |
| 4. | accompanying; auxiliary: He received a scholarship and collateral aid. |
| 5. | additional; confirming: collateral evidence; collateral security. |
| 6. | secured by collateral: a collateral loan. |
| 7. | aside from the main subject, course, etc.; secondary: These accomplishments are merely collateral to his primary goal. |
| 8. | descended from the same stock, but in a different line; not lineal: A cousin is a collateral relative. |
| 9. | pertaining to those so descended. |
| 10. | situated at the side: a collateral wing of a house. |
| 11. | situated or running side by side; parallel: collateral ridges of mountains. |
| 12. | Botany. standing side by side. |
—Related forms
| Dictionary.com Unabridged (v 1.1) Based on the Random House Unabridged Dictionary, © Random House, Inc. 2006. |
Collateral
To learn more about Collateral visit Britannica.com
| © 2008 Encyclopædia Britannica, Inc. |
| col·lat·er·al
Audio Help (kə-lāt'ər-əl) Pronunciation Key
adj.
n.
[Middle English, from Medieval Latin collaterālis : Latin com-, com- + Latin latus, later-, side.] col·lat'er·al·ly adv. |
| The American Heritage® Dictionary of the English Language, Fourth Edition Copyright © 2006 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. |
collateral
| Online Etymology Dictionary, © 2001 Douglas Harper |
| collateral | |
adjective | |
| 1. | descended from a common ancestor but through different lines; "cousins are collateral relatives"; "an indirect descendant of the Stuarts" [ant: direct] |
| 2. | serving to support or corroborate; "collateral evidence" |
| 3. | accompany, concomitant; "collateral target damage from a bombing run" |
| 4. | situated or running side by side; "collateral ridges of mountains" |
noun | |
| 1. | a security pledged for the repayment of a loan |
| WordNet® 3.0, © 2006 by Princeton University. |
collateral
Property or its equivalent that a debtor deposits with a creditor to guarantee repayment of a debt.
[Chapter:] Business and Economics
| The American Heritage® New Dictionary of Cultural Literacy, Third Edition Copyright © 2005 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. |
- Indirect, subsidiary, or accessory to the main thing.
- Having an ancestor in common but descended from a different line.
- A branch of a nerve axon or blood vessel.
- A collateral relative.
col·lat
er·al·ly adv.
| The American Heritage® Stedman's Medical Dictionary Copyright © 2002, 2001, 1995 by Houghton Mifflin Company. Published by Houghton Mifflin Company. |
Main Entry: 2collateral
Function: noun
1 : a branch especially of a blood vessel, nerve, or the axon of a nerve cell <excitation of axon
collaterals>
2 : a bodily part (as a ligament) that is lateral in position
| Merriam-Webster's Medical Dictionary, © 2002 Merriam-Webster, Inc. |
Main Entry: 1col·lat·er·al
Pronunciation: k&-'lat-&-r&l, -'la-tr&l
Function: adjective
1 : relating
to or being branches of a bodily part <collateral sprouting of nerves>
2 : relating to or being part of the collateral circulation <collateral circulatory
vessels> <collateral blood flow>
| Merriam-Webster's Medical Dictionary, © 2002 Merriam-Webster, Inc. |
Collateral
Properties or assets that are offered to secure a loan or other credit. Collateral becomes subject to seizure on default.
Investopedia Commentary
Collateral is a form of security to the lender in case the borrower fails to pay back the loan.
For example, if you open a mortgage, your collateral would be your house. In margin
trading, the securities in your account act as collateral in the case of a margin call.
Related Links
Margin
Trading Tutorial
See also: Loan, Margin, Mortgage, Non-Recourse Debt, Overcollateralization, Partial Release, Principal, Unsecured Loan
| Investopedia.com. Copyright © 1999-2005 - All rights reserved. Owned and Operated by Investopedia Inc. |
collateral
- Assets pledged as security for a loan. In the event that a borrower defaults on the terms of a loan, the collateral may be sold, with the proceeds used to satisfy any remaining obligations. High-quality collateral reduces risk to the lender and results in a lower rate of interest on the loan.
| Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. |
Main Entry: collateral
Function: noun
1 : a collateral relative
2 : property pledged by a borrower to protect the interests of the lender in the
event of the borrower's default;; specifically under Article 9 of the Uniform Commercial Code : property subject to a security interest
| Merriam-Webster's Dictionary of Law, © 1996 Merriam-Webster, Inc. |
Main Entry: col·lat·er·al
Pronunciation: k&-'la-t&-r&l, -'la-tr&l
Function: adjective
1 a : accompanying as a
secondary fact, activity, or agency but subordinate to a main consideration b : not directly relevant or material <a collateral evidentiary matter> <a collateral
issue>
2 : belonging to the same ancestral stock but not in a direct line of descent —compare LINEAL
3 a : of, relating to, or being collateral used as a security (as for payment of a debt) b : secured by collateral <a collateral loan>
—col·lat·er·al·ly adjective
| Merriam-Webster's Dictionary of Law, © 1996 Merriam-Webster, Inc. |
Collateral
Col*lat"er*al\, a. [LL. collateralis; col- + lateralis lateral. See Lateral.]1. Coming from, being on, or directed toward, the side; as, collateral pressure. "Collateral light." --Shak. 2. Acting in an indirect way. If by direct or by collateral hand They find us touched, we will our kingdom give . . . To you in satisfaction. --Shak. 3. Related to, but not strictly a part of, the main thing or matter under consideration; hence, subordinate; not chief or principal; as, collateral interest; collateral issues. That he [Attebury] was altogether in the wrong on the main question, and on all the collateral questions springing out of it, . . . is true. --Macaulay. 4. Tending toward the same conclusion or result as something else; additional; as, collateral evidence. Yet the attempt may give Collateral interest to this homely tale. --Wordsworth. 5. (Genealogy) Descending from the same stock or ancestor, but not in the same line or branch or one from the other; -- opposed to lineal. Note: Lineal descendants proceed one from another in a direct line; collateral relations spring from a common ancestor, but from different branches of that common stirps or stock. Thus the children of brothers are collateral relations, having different fathers, but a common grandfather. --Blackstone. Collateral assurance, that which is made, over and above the deed itself. Collateral circulation (Med. & Physiol.), circulation established through indirect or subordinate branches when the supply through the main vessel is obstructed. Collateral issue. (Law) (a) An issue taken upon a matter aside from the merits of the case. (b) An issue raised by a criminal convict who pleads any matter allowed by law in bar of execution, as pardon, diversity of person, etc. (c) A point raised, on cross-examination, aside from the issue fixed by the pleadings, as to which the answer of the witness, when given, cannot subsequently be contradicted by the party asking the question. Collateral security, security for the performance of covenants, or the payment of money, besides the principal security,| Webster's Revised Unabridged Dictionary, © 1996, 1998 MICRA, Inc. |
Collateral
Col*lat"er*al\, n. 1. A collateral relative. --Ayliffe. 2. Collateral security; that which is pledged or deposited as collateral security.| Webster's Revised Unabridged Dictionary, © 1996, 1998 MICRA, Inc. |
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