verb🔗ShareTo secure a loan or other contract by using collateral."She had to collateralize the loan with her car in order to get the money for college. "businessfinancelawChat with AIVocabulary GamePractice Reading
verb🔗ShareTo pledge assets as collateral."She had to collateralize her car to get a small loan from the bank. "assetbusinessfinanceeconomyChat with AIVocabulary GamePractice Reading
