You searched for: “collaterals
collateral (s) (noun), collaterals (pl)
1, In financial situations, property or goods used as security for a loan and forfeited if the loan is not repaid by the borrower: The Smith’s house was used as a collateral in case the debt they had with the bank was not paid back.
2. A relative descended from the same ancestor as another person but through a different set of parents, grandparents, and other earlier relatives: The inheritance went to Marilyn, the only survivor of the family who was an old lady; the collaterals were all very distant relatives and not directly akin to each other.
3. Etymology: from medieval Latin collateralis, literally "side by side with", from Latin lateralis, "on the side".
Property that is acceptable as security for a loan or other financial obligation.
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