Meaning & use
Collateralized
Last updated
Secured or backed by collateral, an asset pledged to guarantee repayment of a loan or debt.
See it in a sentence
The bank offered a lower interest rate because the loan was collateralized by real estate.
Investors grew wary of collateralized debt obligations after the financial crisis.
A note on using this word
Frequently used in finance, notably in the term 'collateralized debt obligation' (CDO).
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