COLLATERAL


Meaning of COLLATERAL in English

I. kəˈlad.ərəl, -latərəl, -la.trəl adjective

Etymology: Middle English, probably from Middle French, from Medieval Latin collateralis, from Latin com- + lateralis lateral

1.

a. : accompanying as a secondary fact, activity, or agency but usually extrinsic to a main consideration : similar but subordinate : concomitant , subsidiary

wrong on the main question and on all the collateral questions springing out of it — T.B.Macaulay

digress into collateral matters

b. : indirect

no direct objection, but several collateral ones

c. : serving to support or reinforce : ancillary

sometimes literature will provide the historian of art with a pretty piece of collateral evidence — Clive Bell

2. : belonging to the same ancestral stock but not in a direct line of descent

brothers, cousins, uncles, and nephews are collateral kinsmen

— distinguished from lineal ; compare consanguinity

3. : placed or regarded as side by side : parallel, coordinate, or corresponding in position, order, time, or significance

collateral mountain ranges

collateral states like Athens and Sparta

4.

a. : being or belonging to an obligation or security attached to another to secure its performance

a collateral assurance to a deed

collateral funds

b. : secured or guaranteed by additional security, especially by personal as opposed to real property

a collateral loan secured by stocks and bonds deposited with the lender

a collateral loan from a finance company on one's promissory note

5. botany , of a vascular bundle : having phloem only external to the xylem — compare bicollateral

II. noun

( -s )

1. : one that is collateral: as

a. : a collateral relative

a greedy collateral who inherited the estate — J.G.Lockhart

b. : collateral subject

2. : something used as collateral security

3.

a. : a branch especially of a blood vessel, nerve, or the axon of a nerve cell

b. : a bodily part that is lateral in position (as a ligament)

4. chiefly New England

a. : a miscellaneous clutter of personal belongings

got your collateral packed

b. : odds and ends of trash : rubbish

a woodshed full of collateral

Webster's New International English Dictionary.      Новый международный словарь английского языка Webster.