Collateral Mnemonic
Explore definitions and mnemonics for collateral.
collateral
collateral
/kəˈlætəɹəl/
Examples
- The securities serve as collateral for the loan.
- The maximum amount of the loan is determined by the collateral.
- Here the underlying asset is used as collateral for the loan.
- Defeasance is the substitution of collateral.
- This is to lessen the amount of collateral damage.
- As the collateral damage rises, the colony is evacuated.
- Collateral mistakes will not afford the right of rescission.
- They are neither collateral nor consanguineous relatives.
- That would protect the project without the collateral damage.
- The collateral should provide sufficient protection to the bank.
a security pledged for the repayment of a loan
noun
descended from a common ancestor but through different lines
adjective
serving to support or corroborate
adjective
accompany, concomitant
adjective
situated or running side by side
adjective
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"Cold + Lateral. Even if it's cold, your side support (assets) keeps you warm and secure."
Cold + Ladder + Tall. Your cold ladder is tall enough to reach the needed side support.
Mnemonic 0 of 0