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colletral

 

Definitions from the Web

Term: 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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