noun, adjective
noun [U] (finance) property or sth valuable that you promise to give to sb if you cannot pay back money that you borrow:
We had put our house up as collateral for our bank loan.
adjective (formal)
1 connected with sth else, but in addition to it and less important:
collateral benefits * an independent contract collateral to the main contract * The government denied that there had been any collateral damage (= injury to ordinary people or buildings) during the bombing raid.
2 (technical) (of people) in the same family, but not closely related
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About this entry
This is a English–English dictionary entry.
Sourced from Main Dictionary in Lughet's collection.
This word also appears under other sources in Lughet's collection — see the list below.
Where does this definition of collateral come from?
This entry for collateral is sourced from Main Dictionary, one of the dictionaries and corpora merged into Lughet.
Does collateral appear elsewhere on Lughet?
Yes — collateral appears under other sources or language pairs in Lughet's collection. See the list below.
What is Lughet?
Lughet is a free trilingual dictionary covering nearly five million entries across Uyghur, Chinese, and English, drawn from more than ten source dictionaries and corpora.
