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 …

Apr 1, 2026 · Discover what collateral is, its different types, and how it secures loans. Learn what happens if a borrower defaults and how collateral can be used effectively.

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 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 is an asset, such as a home or a car, pledged by a borrower that a lender accepts as security against a loan in case the borrower for any reason cannot pay back the loan.

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 …

Collateral definition: Situated or running side by side; parallel.

May 4, 2023 · Collateral is an asset—like a car or a home—that can help borrowers qualify for a loan by lowering the risk to a lender. Secured loans typically require collateral; unsecured loans usually don’t.

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

May 11, 2022 · What is Collateral? Collateral is an asset pledged by a borrower, to a lender (or a creditor), as security for a loan.