Collateral in a Sentence  ๐Ÿ”Š

Definition of Collateral

something taken as a guarantee for a debt

Examples of Collateral in a sentence

When Matt was arrested, his mother used her home as collateral for his bail.  ๐Ÿ”Š

Jake used his car title as collateral for a loan.  ๐Ÿ”Š

Since my sister has a habit of keeping my clothes, I now ask for collateral when she wants to borrow something.  ๐Ÿ”Š

The teacher returns her studentsโ€™ collateral when they return her pencils and pens.  ๐Ÿ”Š

If William wants to use his boat as collateral for the business loan, he needs to show proof of ownership to the bank.  ๐Ÿ”Š

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