collateral collateral  /kə ˈlæ tə rəl/

Definition(s):

  1. (n) a security pledged for the repayment of a loan
  2. (adj) descended from a common ancestor but through different lines
  3. (adj) serving to support or corroborate
  4. (adj) accompany, concomitant
  5. (adj) situated or running side by side

Usage(s):

  1. About 17,000 tons of parmesan cheese lie in the vaults of Credito Emiliano, a regional bank that accepts the cheese as collateral for loans.
  2. By midyear, the insurer had been forced to post collateral of $16.
  3. Fears of collateral damage are shaping an effort to develop rules and tactics for carrying out attacks on computer networks.

News

  1. Lloyd’s collateral: It’s not ‘Mad Dog’

    It’s vintage Lloyd Blankfein. Goldman Sachs has provided “liquidity” to a former executive by accepting some 15,000 bottles of fine wines as collateral for a loan, according to a regulatory filing. The gold-plated investment bank run by CEO Blankfein accepted the premium from a former high-ranking director Andrew...
    on June 12, 2013     Source: New York Post

  2. 4sight adds Automated Collateral Substitution to Its Collateral Optimization Solution

    4sight Financial Software has added new features to its Collateral Optimization system. This allows users to automate collateral recalls and substitutions and the system can base all collateral substitutions on cheapest to deliver methodology. (PRWeb June 11, 2013) Read the full story at http://www.prweb.com/releases/2013/6/prweb10798717.htm
    on June 11, 2013     Source: PRWeb

  3. Citi Implements Collateral Solution for OTC Derivatives Clearing

    Citi has delivered collateral management and middle office services to one of Europe’s leading asset managers, enabling it to centrally clear OTC derivatives for the first time.
    on June 10, 2013     Source: Business Wire via Yahoo! Finance

Quotes

  1. "We constantly urge Israel to target its response as closely as possible at those who are responsible for the actions, and to avoid innocent collateral damage," Jones said at an academic conference Monday.
    on May 21, 2007 By: Richard Jones Source: Independent

  2. "It is not so-called collateral damage," Egeland said. "It is the intentional killing of children."
    on Nov 18, 2006 By: Jan Egeland Source: Guardian Unlimited

  3. "I told him that lacking actionable intelligence, for them to send a large force across the border without any specific targets was likely to lead to a lot of collateral damage," Gates said, referring to civilian casualties.
    on Oct 21, 2007 By: Robert Gates Source: USA Today

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/ˈpɪ və təl /