Social Sciences, asked by homemehra233, 5 months ago

what is the meaning of colleratal​

Answers

Answered by ISHANPATIL123
0

Answer:

collateral

/kəˈlat(ə)r(ə)l/

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noun

1.

something pledged as security for repayment of a loan, to be forfeited in the event of a default.

"she put her house up as collateral for the bank loan"

Similar:

security

surety

guarantee

guaranty

pledge

bond

insurance

indemnity

indemnification

pawn

backing

bail

hostage

assurance

gage

earnest

2.

a person having the same ancestor as another but through a different line.

adjective

1.

additional but subordinate; secondary.

"the collateral meanings of a word"

2.

descended from the same stock but by a different line.

"a collateral descendant of Robert Burns"

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