What does collateralize mean?
Definitions for collateralize
kəˈlæt ər əˌlaɪzcol·lat·er·al·ize
This dictionary definitions page includes all the possible meanings, example usage and translations of the word collateralize.
Princeton's WordNet
collateralizeverb
pledge as a collateral
"The loan was collateralized by government bonds"
Wiktionary
collateralizeverb
To secure a loan by using collateral.
collateralizeverb
To pledge assets as collateral.
ChatGPT
collateralize
Collateralize refers to the act of providing an asset or a property as a guarantee or security to a lender for the repayment of a loan. If the borrower defaults on their loan payments, the lender has the right to seize the collateral and sell it to recover the funds. This process serves to reduce the risk for the lender.
Matched Categories
Numerology
Chaldean Numerology
The numerical value of collateralize in Chaldean Numerology is: 9
Pythagorean Numerology
The numerical value of collateralize in Pythagorean Numerology is: 4
Examples of collateralize in a Sentence
Ten percent is a premium you pay a surety company, or bail bondsman, Coffey said. To get a bond in almost all cases you have to be able to fully collateralize that $150,000, meaning that either George Zimmerman or his parents have to come up with a $150,000 second mortgage on their house or from a bank. The bonding company is not a charity. They stand to lose the money. They have more than just fugitive hunters [to track down a defendant who flees.] They get collateral up front.
Translations for collateralize
From our Multilingual Translation Dictionary
- besichernGerman
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"collateralize." Definitions.net. STANDS4 LLC, 2024. Web. 23 Apr. 2024. <https://www.definitions.net/definition/collateralize>.
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