1. the quality or state of being collateral; the relationship between things that are parallel or subordinate to each other
Usage: formal; often used in legal and philosophical contexts
2. in finance and law, the quality of being pledged as security for a loan or obligation
Usage: technical; banking and legal terminology

Examples

• The collaterality of the two arguments made it difficult to determine which was primary.
• The bank assessed the collaterality of the property before approving the mortgage.
• In medieval philosophy, collaterality referred to the relationship between parallel branches of descent.
• The collaterality of the assets provided sufficient security for the loan.
• Legal scholars debated the collaterality of evidence presented in the case.
• The collaterality principle ensures that subordinate claims are honored only after primary obligations are met.