WordNet-Online
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Definitions from the WebTerm: Colletral Part of speech: Adjective Sense 1: Related to collateral or serving as collateral Example sentence: The lender required a valuable asset to be used as colletral for the loan. Related products: Amazon search for collateral products Part of speech: Noun Sense 1: Security or guarantee given by a borrower to a lender Example sentence: He provided his car as colletral to secure the loan from the bank. Related products: Amazon search for loan collateral products Part of speech: Noun Sense 2: Property or assets seized by a lender in case of default Example sentence: The bank took possession of the house as colletral after the borrower failed to repay the loan. Related products: Amazon search for seized property products | ||||
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