collateral
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
His 79-year-old widow, Karen Winnick, is now fighting to keep control of their homes, art and jewelry, all of which Gary put up as collateral against a massive loan.
He has a chunk of some $62 billion in shares pledged as collateral to secure “certain personal indebtedness,” according to a September filing.
Daniel Chu, CEO of Tricolor Holdings, faces charges for allegedly defrauding banks by manipulating collateral for business loans.
From Barron's
The government can also dictate the terms of the agreement, including the interest rate, the duration of the loan, and the property and other assets pledged as collateral.
From Barron's
Top executives of subprime auto lender Tricolor were charged in a federal indictment alleging that they deceived the company’s bank lenders and double-pledged collateral ahead of its collapse into bankruptcy.
From Roget's 21st Century Thesaurus, Third Edition Copyright © 2013 by the Philip Lief Group.