collateral

//kəˈlæt.ər.əl//
C1Frequency Level 11Formal
Visual representation of collateral

Noun

1

Property or assets pledged as security for a loan, which may be forfeited if the borrower fails to repay.

The bank required collateral before approving the loan.

2

A person having the same ancestor but through a different line of descent.

My cousin is a collateral, as we share the same grandparents but through different parents.

Adjective

collateralCanonical form
1

Additional but subordinate; secondary or accompanying.

The research produced some collateral findings that were also valuable.

2

Situated or running side by side; parallel.

The two collateral roads run alongside the main highway.

3

Descended from the same ancestor but through different lines.

My collateral relatives include cousins and their descendants.

collateral - Deep Vocabulary