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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 is collateral that goes to the lender if the sum isn't paid. The supporting cast includes jada pinkett smith, mark ruffalo, peter berg, javier bardem, and bruce mcgill. 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 rounds from hit to hit during one night in los angeles. Collateral is a valuable asset that a borrower pledges as security for a loan, serving thus as a guarantee for the lender. Valuable property owned by someone who wants to borrow money, that they agree will become the… Property or other assets pledged by a borrower as security for the repayment of a loan. See examples of collateral used in a sentence. Collateral is any asset a lender accepts to secure a loan Explore different types of collateral loans, their pros and cons, and how to get one. Collateral synonyms, collateral pronunciation, collateral translation, english dictionary definition of collateral Situated or running side by side Collateral is an asset with real monetary value held by a borrower that can be seized by a lender if the borrower can no longer make payments.