Colateral or collateral

Did you mean “collateral”?

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:

  1. She put her house up as collateral for the bank loan

Synonyms:

  • Security
  • Surety
  • Guarantee
  • Guaranty

Collateral

Adjective

Definition:

Additional but subordinate; secondary

Examples:

  1. 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?