Meaning of collateralize | Babel Free
Definitions
- To secure a loan or other contract by using collateral.
- To pledge assets as collateral.
Examples
“A debt instrument is collateralized when the creditor has rights over an asset or revenue stream that would allow⟳ it, if the borrower defaults on its payment obligations, to rely⟳ on the asset or revenue stream to secure repayment of the debt.”
CEFR level
C1
Advanced
This word is part of the CEFR C1 vocabulary — advanced level.
This word is part of the CEFR C1 vocabulary — advanced level.
Know this word better than we do? Language is a living thing — help us keep it growing. Collaborate with Babel Free