Collateral



[kuh-lat-er-uh l] /kəˈlæt ər əl/

noun
1.
security pledged for the payment of a loan:
He gave the bank some stocks and bonds as collateral for the money he borrowed.
2.
Anatomy.

3.
a relative descended from the same stock, but in a different line.
adjective
4.
accompanying; auxiliary:
He received a scholarship and collateral aid.
5.
additional; confirming:
collateral evidence; collateral security.
6.
secured by collateral:
a collateral loan.
7.
aside from the main subject, course, etc.; secondary:
These accomplishments are merely collateral to his primary goal.
8.
descended from the same stock, but in a different line; not lineal:
A cousin is a collateral relative.
9.
pertaining to those so descended.
10.
situated at the side:
a collateral wing of a house.
11.
situated or running side by side; parallel:
collateral ridges of mountains.
12.
Botany. standing side by side.
/kɒˈlætərəl; kə-/
noun
1.

2.
a person, animal, or plant descended from the same ancestor as another but through a different line
adjective
3.
situated or running side by side
4.
descended from a common ancestor but through different lines
5.
serving to support or corroborate
6.
aside from the main issue
7.
uniting in tendency
adj.

late 14c., “accompanying,” also “descended from the same stock,” from Old French collateral (13c.), from Medieval Latin collateralis “accompanying,” literally “side by side,” from Latin com- “together” (see com-) + lateralis “of the side,” from latus “a side” (see oblate (n.)). Literal sense of “parallel, along the side of” attested in English from mid-15c. Related: Collaterally.
n.

16c., “colleague, associate,” from collateral (adj.). Meaning “thing given as security” is from 1832, American English, from phrase collateral security (1720).

collateral col·lat·er·al (kə-lāt’ər-əl)
adj.

n.

col·lat’er·al·ly adv.

Property or its equivalent that a debtor deposits with a creditor to guarantee repayment of a debt.

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