collateral
Property or money that you promise the bank can take if you do not pay back a loan.
Property or other valuable assets that a borrower promises the lender can take if the borrower fails to repay a loan.
Describes damage or bad effects that happen by accident when someone is trying to do something else.
Happening as an unintended additional result of an action, especially describing damage or harm to people or things that were not the main target.
Describes something that is extra and connected to the main thing, but not the main reason or purpose.
Additional to, but less important than, something main; existing as a side result or side aspect of something else.
Describes a family member who is related to you through a brother, sister, uncle, aunt, or cousin, not as your parent, child, or grandparent.
Describing family members who are related through a sibling, cousin, or similar side branch of a family, rather than in a direct parent‑child line.
Used in medicine to describe blood vessels or ligaments that are at the side of another one and often give extra support or another way for blood to flow.
Situated at the side of, or running roughly parallel to, another structure in the body, especially referring to blood vessels or ligaments that provide an alternative or supporting path.
- Base: collateral
- Base: collateral
- Plural: collateral, collaterals
collateral circulation
1alternative blood flow around blockage
New or existing small blood vessels that let blood go around a blocked main vessel.
- Good collateral circulation can protect the heart during a coronary artery blockage.
- The doctor explained that collateral circulation had developed in his leg over time.
- Patients with poor collateral circulation are at higher risk of tissue damage.
collateral consequences
1indirect legal or social effects
Extra bad results of a crime or legal decision, such as losing a job or the right to vote, that are not part of the main punishment.
- The report examines the collateral consequences of a criminal record on employment.
- Immigration problems are one of the most serious collateral consequences of certain convictions.
- Lawyers must warn clients about the collateral consequences of pleading guilty.
collateral ligament
1side ligament that stabilizes a joint
A strong band in your knee, finger, or another joint, on the side of the joint, that helps keep it stable.
- He suffered a tear of the medial collateral ligament in his right knee.
- Injuries to the lateral collateral ligament are less common but still serious.
- The scan showed no damage to the collateral ligaments of the finger.
collateral loan
1loan backed by pledged assets
A loan that is protected by property that the bank can take if the loan is not paid back.
- A collateral loan usually has a lower interest rate than an unsecured loan.
- They took out a collateral loan using their car as security.
- The bank specializes in small collateral loans for local businesses.
collateral security
1additional security for a loan
Extra property or guarantees that you give a lender, in addition to the main promise to pay back the loan.
- The lender requested collateral security in the form of a second property.
- Share certificates were deposited as collateral security for the overdraft.
- Without collateral security, the bank was unwilling to extend more credit.
no collateral required
1loan does not need collateral
Used to say that you can get a loan without promising any property to the bank.
- The credit union offers small personal loans with no collateral required.
- For this student loan, no collateral is required, only a co‑signer.
- Many online lenders advertise quick approval and no collateral required.
put up as collateral
1provide property to secure a loan
To give the bank the right to take some property if you do not pay back the loan.
- She put up her car as collateral to pay her tuition fees.
- We had to put up our house as collateral to get approved.
- He is not willing to put up any personal assets as collateral.
secure a loan with collateral
1protect a loan using pledged assets
To make a loan safer for the bank by promising it can take some property if you do not pay.
- New business owners often have to secure a loan with collateral such as real estate.
- They secured the loan with collateral rather than taking a higher interest rate.
- If you secure a loan with collateral, you may qualify for a larger amount.
use as collateral
1offer property as loan security
To promise that the bank can take some property if you do not pay back the money you borrow.
- They decided to use their apartment as collateral to get a lower interest rate.
- You can use your savings account as collateral for a small business loan.
- He refused to use the family farm as collateral for the risky investment.
collateral damage
1unintended harm from an action
Harm done to people or things that were not the main target, usually during a military action or other large event.
- Several homes were destroyed as collateral damage during the airstrike.
- The policy change caused collateral damage to small businesses.
collateral damage
2unintended harm to bystanders
Unplanned harm to people or things that were not the main target, especially in war or after a big decision.
- The bombing caused heavy collateral damage to nearby homes and schools.
- Job losses in small towns were collateral damage of the company’s decision to move production overseas.
- The government insists it is doing everything possible to reduce collateral damage during the operation.