collateral
noun/kəˈlætərəl/
Frequency rank: #6,335 most common English word
Meaning
something pledged as security for repayment of a loan or fulfillment of an obligation.
Example sentence
The bank required property as collateral before approving the loan.
Synonyms & related words
Practice this word in the quiz
More words in ranks 6,301–6,400
- bulbA glass globe that produces light when electricity passes through it; also the rounded underground part of certain plants.
- cardboardStiff, thick paper material often used for making boxes or crafts.
- casuallyin a relaxed, informal, or offhand manner; without much thought or effort.
- chewTo bite food repeatedly to break it up before swallowing.
- circumstanceA condition or fact connected with an event or situation.
- congestiona state of being overcrowded or blocked, especially with traffic.
- crossovera mixing or blending of two different styles, genres, or categories.
- cruncha situation of pressure or urgency, often involving a shortage of time or resources
- daytimethe period of time between sunrise and sunset when it is light outside.
- demiseThe end or death of something or someone.