Meaning of Collateral | Babel Free

Definitions

1. A security or guarantee (usually an asset) pledged for the repayment of a loan if one cannot procure enough funds to repay.
   countable, uncountable
2. A collateral (not linear) family member.
   archaic, countable, uncountable
3. A branch of a bodily part or system of organs.
   countable, uncountable
4. Printed materials or content of electronic media used to enhance sales of products (short form of collateral material).
   countable, uncountable
5. A thinner blood vessel providing an alternate route to blood flow in case the main vessel becomes occluded.
   countable, uncountable
6. A contemporary or rival.
   archaic, countable, uncountable

Equivalents

Examples

“"The decline in the quality of eligible collateral is a grave problem. The ECB is now buying corporate bonds that are close to junk, and the haircuts can barely deal with a one-notch credit downgrade. The reputational risk of such actions by a central bank would have been unthinkable in the past."”

“In colonial times, when land was not worth much and banks didn’t exist, most lending was based on human property. In the early 1700s, slaves were the dominant collateral in South Carolina.”

“Besides the arteries blood streams through numerous veins we call collaterals.”

CEFR level