COLLATERAL


Meaning of COLLATERAL in English

n.

Pronunciation: k ə - ' la-t( ə -)r ə l

Function: adjective

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

Date: 14th century

1 a : accompanying as secondary or subordinate : CONCOMITANT <digress into collateral matters> b : INDIRECT c : serving to support or reinforce : ANCILLARY

2 : belonging to the same ancestral stock but not in a direct line of descent ― compare LINEAL 3a

3 : parallel, coordinate, or corresponding in position, order, time, or significance < collateral states like Athens and Sparta>

4 a : of, relating to, or being collateral used as security (as for payment of a debt or performance of a contract) b : secured by collateral

– col · lat · er · al · i · ty \ - ˌ la-t ə - ' ra-l ə -t ē \ noun

– col · lat · er · al · ly \ - ' la-t( ə -)r ə -l ē \ adverb

Merriam Webster Collegiate English Dictionary.      Merriam Webster - Энциклопедический словарь английского языка.