Collateral


The meaning of the word Collateral is: something taken as a guarantee for a debt


Examples:

Since my sister has a habit of keeping my clothes, I now ask for collateral when she wants to borrow something.

published by Frieda on 2021-03-30 14:45:28


Jake used his car title as collateral for a loan.

published by Hui on 2021-09-09 07:59:18


When Matt was arrested, his mother used her home as collateral for his bail.

published by Karan on 2021-07-12 09:03:15


The teacher returns her students’ collateral when they return her pencils and pens.

published by Corine on 2021-10-15 07:23:57


If William wants to use his boat as collateral for the business loan, he needs to show proof of ownership to the bank.

published by Kristian on 2021-03-27 00:09:38


Send an example:

Email:
Name:
Example: