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collateralize

Line breaks: col|lat¦eral|ize
Pronunciation: /kɒˈlat(ə)r(ə)lʌɪz
 
/
(also collateralise)

Definition of collateralize in English:

verb

[with object]
Provide something as collateral for (a loan): these loans are collateralized by property (as adjective collateralized) the risk of investments known as collateralized mortgage obligations
More example sentences
  • From a bank's perspective, this courier service doesn't have assets that can easily collateralize a loan, such as trucks, real property, and inventory.
  • However, you won't get any money unless you can completely collateralize the loan through your own personal assets.
  • That way, they know the bank has avenues to collateralize your loan with some of your personal assets.

Definition of collateralize in:

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