- In the USA, to pledge assets to secure a debt. If the borrower defaults on the terms and conditions of the agreement the assets will be forfeited.
Accounting dictionary. 2014.
Look at other dictionaries:
collateralize — UK US (UK ► FINANCE to give property as collateral for a loan, bond, etc.: »Loans below $25,000 do not need to be collateralized … Financial and business terms
collateralize — col·lat·er·al·ize /kə la tə rə ˌlīz, la trə / vt ized, iz·ing 1: to make (a loan) secure with collateral 2: to use (as securities) for collateral Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 … Law dictionary
collateralize — (Amer.) v. supply as a collateral, provide something as collateral for a loan (also collateralise) … English contemporary dictionary
collateralize — [kə lat′ər əlīz΄] vt. collateralized, collateralizing 1. to give collateral as security for (a loan) 2. to use as collateral collateralization n … English World dictionary
collateralize — transitive verb ( ized; izing) Date: 1941 1. to make (a loan) secure with collateral 2. to use (as securities) for collateral … New Collegiate Dictionary
collateralize — collateralization, n. /keuh lat euhr euh luyz /, v.t., collateralized, collateralizing. 1. to secure (a loan) with collateral. 2. to pledge (property, securities, etc.) as collateral. Also, esp. Brit., collateralise. [1940 45; COLLATERAL + IZE] * … Universalium
collateralize — verb a) To secure a loan by using collateral. b) To pledge assets as collateral. See Also: collateralization … Wiktionary
collateralize — or collateralise verb provide something as collateral for (a loan) … English new terms dictionary
collateralize — In the USA, to pledge assets to secure a debt. If the borrower defaults on the terms and conditions of the agreement the assets will be forfeited … Big dictionary of business and management
collateralize — col·lat·er·al·ize … English syllables