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collateralise

 

Definitions from the Web

Collateralise

Definition:

Collateralise is a verb that refers to the act of providing collateral, usually in the form of valuable assets, to secure a loan or credit.

Sense 1 - Financial:

In a financial context, collateralise means to pledge an asset as security for a loan or debt.

Example: The company decided to collateralise their property to obtain a loan for expansion.

Sense 2 - Legal:

In a legal sense, collateralise is the action of securing an obligation or debt with collateral according to legally binding agreements.

Example: The borrower agreed to collateralise his stocks and bonds as security for the loan.

Related Products:

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