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collaterals

/kəˈlætərəlz/ /kəˈlætɪrəlz/

Meanings
noun
A security or guarantee (usually an asset) pledged for the repayment of a loan if one cannot procure enough funds to repay.

Examples :

"To get a bank loan for her new bakery, Maria offered her car and house as collaterals. "
business finance asset economy

Related Words

Illustration repayment

repayment noun

/riːˈpeɪmənt/ /rɪˈpeɪmənt/

The act of repaying.

"The repayment of the loan was a relief to the student. "

Illustration researching

researching verb

/rɪˈsɜːrtʃɪŋ/ /riˈsɜːrtʃɪŋ/

To search or examine with continued care; to seek diligently.

"She is researching different types of dogs to help her family choose the best pet. "

Illustration ancestors

ancestors noun

/ˈæn.sɛs.təz/ /ˈæn.sɛs.tɚz/

One from whom a person is descended, whether on the father's or mother's side, at any distance of time; a progenitor; a forefather.

"My ancestors came from Ireland during the potato famine. "

Illustration guarantee

guarantee noun

/ˌɡæɹənˈtiː/

Anything that assures a certain outcome.

"Can you give me a guarantee that he will be fit for the match?"

Illustration electronic

electronic adjective

/ɪˌlɛkˈtɹɒn.ɪk/ /ɪˌlɛkˈtɹɑn.ɪk/

: Of or pertaining to an electron or electrons.

"The electronic configuration of atoms is important in chemistry class. "

Illustration genealogy

genealogy noun

/ˌdʒiːniˈælədʒi/ /ˌdʒiniˈælədʒi/

The descent of a person, family, or group from an ancestor or ancestors; lineage or pedigree.

"My family's genealogy shows that we have roots in Ireland. "

Illustration collateral

collateral noun

/kəˈlætəɹəl/

A security or guarantee (usually an asset) pledged for the repayment of a loan if one cannot procure enough funds to repay.

"To secure a loan for a new car, Sarah offered her savings account as collateral. "

Illustration contemporary

contemporary noun

/kənˈtɛm.p(ə).ɹi/ /kənˈtɛm.pəˌɹɛɹ.i/

Someone or something living at the same time, or of roughly the same age as another.

"Cervantes was a contemporary of Shakespeare."

Illustration descendants

descendants noun

/dɪˈsɛndənts/

One who is the progeny of a specified person, at any distance of time or through any number of generations.

"The patriarch survived many descendants: five children, a dozen grandchildren, even a great grandchild."

Illustration materials

materials noun

/məˈtɪəɹɪəlz/ /məˈtɪɹi.əlz/

Matter which may be shaped or manipulated, particularly in making something.

"Asphalt, composed of oil and sand, is a widely used material for roads."

Illustration marketing

marketing verb

/ˈmɑːrkɪtɪŋ/ /ˈmɑːrkətɪŋ/

To make (products or services) available for sale and promote them.

"We plan to market an ecology model by next quarter."

Illustration grandparents

grandparents verb

/ˈɡrænˌpeːrənts/ /ˈɡræmˌpeːrənts/

To be, or act as, a grandfather to.

"Even though she wasn't their biological grandmother, Mrs. Davis loved to grandparent the neighborhood children, baking them cookies and reading them stories. "