Collateral
Legal Definition and Related Resources of Collateral
☑️ This definition is part of the content of Lawi's courses, guides, tools and other solutions and the world's leading and largest online law dictionary. It offers legal definitions, synonyms, word origins, translations, meanings, example sentences, and more. It is considered a trusted authority, a broad glossary of legal terms and an unsurpassed guide for professionals, students and researchers in any discipline related to law and, in general, to the social sciences. Do you like what you read? Can I ask a favor from you? Like and share it with your family and friends so that others can discover it too. If you have been forwarded this text, please subscribe here.
Meanings, Synonyms, Etymology, Translations and More
Meaning of Collateral
Situated, running side by side, parallel , co-ordinate, corresponding, additional to the obligations of a contract or the like. Also secondary , subordinate , related to main matter and consideration but not strictly a part thereof. See James Emp. credit union v Hawley, 87 N. W.2d299, 2 Wis.2d490; Also see Smith v Landsden370 S. W.2d 557, 212 Tenn. 543.
Collateral Alternative Definition
(Lat. con, with, latus, the side). That which is by the side, and not the direct line; that which is additional to or beyond a thing.
Financial Definition of Collateral
Assets than can be repossessed if a borrower defaults.
Legal Definition of Collateral
Securities or other property pledged by a borrower to secure repayment of a loan.
Synonyms of Collateral
(Accompanying), adjective
accessory
additional
affiliated
ancillary
appertaining
associated
attendant
auxiliary
belonging
closely related
concomitant
concurrent
conjoined
connected
correlated
correspondent
corresponding
coupled with
entwined
interrelated
parallel
related
simultaneous
supplemental
supplementary Associated Concepts: collateral action
collateral agreement
collateral attack
collateral contract
collateral estoppel
collateral note
collateral powers
collateral proceeding
collateral promise
collateralsource rule
collateral undertaking
collateral warranties
(Immaterial), adjective
being of no importance
extraneous
impertinent
inapplicable
inappropriate
incidental
inconsequential
indifferent
insignificant
insubstantial
irrelevant
meaningless
minor
negligible
nonessential
nugatory
of little moment
peripheral
secondary
trifling
trivial
unconnected
unessential
unimportant Associated Concepts: collateral evidence
collateral facts
collateral fraud
collateral impeachment
collateral inquiry
collateral issue
collateral matter
collateral question
collateral testimony foreign phrases: Frustra probatur quod probatum non relevat
It is useless to prove that which when proved is irrelevant
Related Entries of Collateral in the Lawi Project
Browse or run a search for Collateral in the legal resources (including dictionaries and American law definitions), the Asian legal platform, the European law platform, the British legal resources or the Latin American and Spanish platform and publications (Lawi) about law in the world.
Collateral in Historical Law
You might be interested in the historical meaning of this term. Browse or search for Collateral in historical law and the evolution of legal systems (study).
Legal Abbreviations and Acronyms
Search for legal acronyms and/or abbreviations containing Collateral in the Legal Abbreviations and Acronyms Dictionary.
Related Legal Terms
You might be also interested in these legal terms:
Mentioned in these terms
Abuse Of Process, Affinity, Amount In Controversy, Collateral Heirs, Collateral Matter, Collateral Mortgage, Collateral Order Doctrine, Collateral Security, Collateral Source Rule, Covenant, , Guarantee, Garranty, Guaranty, Habeas Corpus, Incorporeal Hereditament, Malicious Abuse Of Process, Margin, Margin Account, Natural Heir, Representation, Res Gesteae, Surety, Tithes, Totten Trust.
Browse
You might be interested in these references tools, listed by resource (with its description) here:
Collateral in the Dictionary: Collateral in our legal dictionaries
Browse the Legal Thesaurus: Find synonyms and related words of Collateral
Legal Maxims: Maxims are established principles that jurists use as interpretive tools, invoked more frequently in international law
Legal Answers (Q&A): A community-driven knowledge creation process, of enduring value to a broad audience
Related topics: Collateral in this project about law in the world (Lawi)
Notice
This definition of Collateral is based on the The Cyclopedic Law Dictionary. This entry needs to be proofread.
Vocabularies (Semantic Web Information)
ResourceDescriptionTopic Map: A group of names, occurrences and associations
Topic Tree: A topic display format, showing the hierarchy
Sitemap Index: Sitemap Index, including Taxonomies
https://dictionarylaw.substack.com/p/collateral/: The URI of Collateral (more about URIs)
English Legal System: Collateral
In the context of the English law, A Dictionary of Law provides the following legal concept of Collateral: 1. adj. Describing the relationship between people who share a common ancestor but are descended from him through different lines of descent.
See also consanguinity.
2. adj. Ancillary; subordinate but connected to the main subject, etc.
3. n.
Security that is additional to the main security for a debt (or an advantage to the mortgagee that is additional to the payment of interest). For example, a lender may require as collateral the assignment of an insurance policy in addition to the principal security of a mortgage on the borrower's home.
Collateral Definition (in the Accounting Vocabulary)
The New York State Society of Certified Public Accountants offers the following definition of Collateral in a way that is easy for anybody to understand: ASSET provided to a CREDITOR as security for a loan.
Concept of Collateral in the context of Real Property
A short definition of Collateral: By or at the side, additional or auxiliary. Mistakenly used to mean collateral security.
Concept of Collateral in the context of Real Property
A short definition of Collateral: By or at the side, additional or auxiliary. Mistakenly used to mean collateral security.