collateral: Meaning and Definition of
Pronunciation: (ku-lat'ur-ul), [key]
- security pledged for the payment of a loan: He gave the bank some stocks and bonds as collateral for the money he borrowed.
- a subordinate or accessory part.
- a side branch, as of a blood vessel or nerve.
- Seecollateral circulation.
- a relative descended from the same stock, but in a different line.
- accompanying; auxiliary: He received a scholarship and collateral aid.
- additional; confirming: collateral evidence; collateral security.
- secured by collateral: a collateral loan.
- aside from the main subject, course, etc.; secondary: These accomplishments are merely collateral to his primary goal.
- descended from the same stock, but in a different line; not lineal: A cousin is a collateral relative.
- pertaining to those so descended.
- situated at the side: a collateral wing of a house.
- situated or running side by side; parallel: collateral ridges of mountains.
- standing side by side.
- collateral (Thesaurus)
Here are the facts and trivia that people are buzzing about.