verb🔗ShareTo secure a loan or other contract by using collateral."To buy a new computer, Sarah collateralized her savings account. "businessfinanceeconomyChat with AIVocabulary GamePractice Reading
verb🔗ShareTo pledge assets as collateral."She collateralized her car with the bank to get a loan for her small business. "assetbusinessfinanceChat with AIVocabulary GamePractice Reading
adjective🔗ShareSecured by a pledge of collateral."The loan was collateralized with the borrower's house, ensuring the bank would receive something of value if the borrower couldn't repay the debt. "financebusinesseconomyassetChat with AIVocabulary GamePractice Reading
