collateral
Definition
Something pledged as security for repayment of a loan, to be forfeited if the borrower defaults.
日本語 貸付金の返済を保証するために差し入れられる担保。借り手が債務不履行になると没収される。
Example
"He used his car as collateral for the small business loan."
Something pledged as security for repayment of a loan, to be forfeited if the borrower defaults.
日本語 貸付金の返済を保証するために差し入れられる担保。借り手が債務不履行になると没収される。
"He used his car as collateral for the small business loan."