WordValeverb
collateralize
to pledge an asset as security for a loan
In more detail
1. (verb) to offer property or assets as security for a loan, so that the lender can take them if you fail to repay
2. (verb) to secure a debt or obligation with collateral
Examples
- 1. The company decided to collateralize its real estate to obtain the necessary funding.
- 2. They collateralized the loan with their equipment and inventory.
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