English-English Dictionary

Meaning of the word collateral in English

What does collateral mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

collateral

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

Noun

1.

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

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

unintended damage or injury

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

Adjective

1.

additional but subordinate; secondary.

Example:
•
The research had some interesting collateral findings.
•
His collateral duties included managing the office supplies.
Synonym:
secondaryancillarysubordinateadditionalincidental
Learn This Word at Lingoland
Related Word:
marketing collateral