| 词汇 | use-as-collateral |
| 释义 | use something as collateral collocation (alsoput sth up as collateral) to offer a valuable property in order to borrow money, that you agree will become the property of the company or person who lends the money if the debt is not paid back: He is trying to use the business as collateral to secure a bank loan. She put up the money for the bond, using her home as collateral. He put his home up as collateral for a £400,000 loan. See useverb putsomething up collateralnoun She used her house as collateral for a loan. The company used the fictitious revenue as collateral for bank credits. Thieves sometimes try to use stolen artworks as collateral for other underworld deals. The company has £6 billion in assets that could be used as collateral for loans if necessary. Poor people don't usually have assets to put up as collateral for loans. His friends put up their houses as collateral for a $1 million bond. He put his farm up as collateral. Borrowing & lending amortizable amortization amortize bond measure bond referendum bonded bridging loan credit limit debt get behind hole loan microcredit microloan non-current non-interest non-prime outstanding usury write something off |
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