As a noun, collateral means something provided to a lender as a guarantee of repayment. So if you take out a loan or mortgage to buy a car or house, the loan agreement usually states that the car or house …

Collateral is a 2004 American action thriller film directed and produced by Michael Mann, written by Stuart Beattie, and starring Tom Cruise and Jamie Foxx. The supporting cast includes Jada Pinkett …

collateral adjective (FINANCIAL) [ before noun ] relating to financial collateral (= valuable property owned by someone who wants to borrow money, that they agree will become the property of the …

May 16, 2025 · What Is Collateral? Collateral is a valuable asset that a borrower pledges as security for a loan, serving thus as a guarantee for the lender.

COLLATERAL definition: property or other assets pledged by a borrower as security for the repayment of a loan. See examples of collateral used in a sentence.

property or something valuable that you promise to give to somebody if you cannot pay back money that you borrow. We had put our house up as collateral for our bank loan. Want to learn more? Definition …

Collateral is money or property which is used as a guarantee that someone will repay a loan.

Define collateral. collateral synonyms, collateral pronunciation, collateral translation, English dictionary definition of collateral. adj. 1. Situated or running side by side; parallel.

Aug 6, 2004 · Collateral: Directed by Michael Mann. With Tom Cruise, Jamie Foxx, Jada Pinkett Smith, Mark Ruffalo. A cab driver finds himself the hostage of an engaging contract killer as he makes his …

Collateral is something, a possession, that the borrower pledges as security when taking out a new loan. If that person defaults, i.e., fails to pay back the money, the lender can seize that item.