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Definitions

collateral

[kuh-lat-er-uhl] / kəˈlæt ər əl /




Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

He has a chunk of some $62 billion in shares pledged as collateral to secure “certain personal indebtedness,” according to a September filing.

From The Wall Street Journal

Daniel Chu, CEO of Tricolor Holdings, faces charges for allegedly defrauding banks by manipulating collateral for business loans.

From Barron's

The government can also dictate the terms of the agreement, including the interest rate, the duration of the loan, and the property and other assets pledged as collateral.

From Barron's

Top executives of subprime auto lender Tricolor were charged in a federal indictment alleging that they deceived the company’s bank lenders and double-pledged collateral ahead of its collapse into bankruptcy.

From The Wall Street Journal

“There are no contingencies, no foreign sovereign wealth funds, and no stock collateral or personal loans. We are a scaled company with a +$400 billion market cap and a strong investment grade balance sheet.”

From Los Angeles Times