collateral

In a sentence

Six example sentences with collateral, each labelled with its topic.

• The bank lent her enough for two ovens only after she offered her delivery van as collateral against the balance.

  Cooking

• When the shares fell by half, the broker demanded more collateral before dawn or the whole position would be sold.

  Finance

• With no revenue and no building to pledge as collateral, the founders financed their first prototype on personal credit cards.

  Startups

• In villages without banks, a farmer's only collateral is next season's harvest, so loans are small and rates are steep.

  Economics

• The contract lists the fishing boat as collateral, so the lender can claim it if three payments are missed.

  Law

• Medieval merchants pledged bales of wool as collateral, and a warehouse receipt could pass from lender to lender like money.

  History

Found in these word lists

Each source is a published word list that contains collateral. No exam board publishes an official GRE, GMAT or SAT list; GMAT words come from GRE lists and the Academic Word List.

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