collateral

US /kəˈlæt̬.ɚ.əl/
UK /kəˈlæt̬.ɚ.əl/
"collateral" picture
1.

something pledged as security for repayment of a loan, to be forfeited in the event of a default.

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He put up his house as collateral for the loan.
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The bank requires sufficient collateral before approving a large loan.
:
securityguaranteepledgebondsurety
2.

unintended damage or injury

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The bombing caused extensive collateral damage to civilian buildings.
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They tried to minimize collateral damage during the operation.
:
side effectby-productconsequencerepercussion
1.

additional but subordinate; secondary.

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The research had some interesting collateral findings.
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His collateral duties included managing the office supplies.
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secondaryancillarysubordinateadditionalincidental
:
marketing collateral