Collateral is money or property which is used as a guarantee that someone will repay a loan. (FORMAL)
Most people here cannot borrow from banks because they lack ~.
= security
N-UNCOUNT: oft as N
Collateral is money or property which is used as a guarantee that someone will repay a loan. (FORMAL)
Most people here cannot borrow from banks because they lack ~.
= security
N-UNCOUNT: oft as N
Collins COBUILD. Толковый словарь английского языка для изучающих язык Коллинз COBUILD (международная база данных языков Бирмингемского университета) . 2012