adjective
- secured by or pledged as collateral; backed by assets or property held as security for a loan or obligation
Usage: chiefly British English spelling (American: collateralized); finance/legal term
verb
- past tense and past participle of collateralise; to secure (a loan or debt) with collateral; to pledge assets as security
Usage: chiefly British English spelling (American: collateralized); finance/legal term
Examples
- The bank required a collateralised loan backed by real estate.
- She collateralised her home to secure a business loan.
- Collateralised debt obligations played a major role in the financial crisis.
- The mortgage was fully collateralised by the property.
- They collateralised their assets to obtain the necessary funding.
- Collateralised lending provides lower interest rates than unsecured borrowing.