Collateral is an adjective meaning supplementary or accompanying; in finance, it describes an asset pledged to secure a loan. It conveys a secondary or supportive role, not primary, and often relates to security or protection in agreements or risk management. The term is also used in legal and policy contexts to describe information or relationships that are indirect yet relevant to a matter.
Full pronunciation guide2 of 12 videos
0:57Appraisal
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0:58Collateral
How to Pronounce Collateral
1:01Conveyance
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0:57Covenant
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1:05Due-Diligence
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0:57Escrow
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0:54Lien
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1:01Lienholder
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0:58Mortgagor
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1:02Occupancy
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