Collateral in a Sentence 🔊

Definition of Collateral

something taken as a guarantee for a debt

Examples of Collateral in a sentence

Since my sister has a habit of keeping my clothes, I now ask for collateral when she wants to borrow something. 🔊

Jake used his car title as collateral for a loan. 🔊

When Matt was arrested, his mother used her home as collateral for his bail. 🔊

The teacher returns her students’ collateral when they return her pencils and pens.  🔊

If William wants to use his boat as collateral for the business loan, he needs to show proof of ownership to the bank.  🔊

Other words in the Money and Business category:

WATCH our daily vocabulary videos and LEARN new words in a fun and exciting way!

SUBSCRIBE to our YouTube channel to keep video production going! Visit to watch our FULL library of videos.

Most Searched Words (with Video)