WordNet-Online
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Definitions from the WebCollateraliseDefinition:Collateralise is a verb that refers to the act of providing collateral, usually in the form of valuable assets, to secure a loan or credit. Sense 1 - Financial:In a financial context, collateralise means to pledge an asset as security for a loan or debt. Example: The company decided to collateralise their property to obtain a loan for expansion. Sense 2 - Legal:In a legal sense, collateralise is the action of securing an obligation or debt with collateral according to legally binding agreements. Example: The borrower agreed to collateralise his stocks and bonds as security for the loan. Related Products: | ||||
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