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Dictionary: Collateral

Collateral

Part of Speech

Adjective, Noun

Pronunciation

English (US): /kəˈlæt̬.ɚ.əl/

English (UK): /kəˈlæt.ər.əl/

Definitions

  1. (Adjective) Related but secondary; indirect.
  2. (Adjective) Situated at the side or running parallel.
  3. (Noun) Property pledged as security for a loan.

Usage Examples

  • He offered his house as collateral for the loan.
  • There were many collateral effects of the new policy.
  • The two businesses have a collateral relationship.

Etymology

From Latin collateralis ("together with the side"), from com- ("together") + lateralis ("of the side").

Synonyms

  • Security
  • Guarantee
  • Parallel
  • Indirect
  • Ancillary

Antonyms

  • Direct
  • Primary
  • Unsecured

Translations

Language Translation Pronunciation
Spanish Colateral /ko.la.teˈɾal/
French Collatéral /kɔ.la.te.ʁal/
German Sicherheit /ˈzɪçɐhaɪt/
Hindi जमानत (Jamanat) /dʒə.maː.nət/
Tamil உடமையாக்கு (Udamaiyaakku) /u.da.maɪ.jaː.kku/

Regional Pronunciation Variations

British English: /kəˈlæt.ər.əl/

American English: /kəˈlæt̬.ɚ.əl/

Historical Usage

The concept of collateral as a security for loans has been in use since the 18th century, originating in financial and legal contexts.

Cultural Nuances

In finance, collateral is crucial for securing loans and mortgages. In warfare, "collateral damage" refers to unintended harm to civilians or property.

More Information

The term collateral is widely used in banking, law, and military contexts. In genealogy, it refers to relatives descended from a common ancestor but not in a direct line.

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