Colateral or collateral
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INCORRECT
Colateral
CORRECT
Collateral
Collateral
Noun
Definition:
Something pledged as security for repayment of a loan, to be forfeited in the event of a default
Examples:
- She put her house up as collateral for the bank loan
Synonyms:
- Security
- Surety
- Guarantee
- Guaranty
Collateral
Adjective Definition:
Additional but subordinate; secondary
Examples:
- The collateral meanings of a word
Synonyms:
- Incidental
- Accidental
- Unintended
- Secondary
FAQ's
Is it colateral or collateral? 
The correct word is collateral
How to pronounce collateral? 
What does collateral mean?
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