COLLATERALIZE

collateralize

(verb) pledge as a collateral; “The loan was collateralized by government bonds”

Source: WordNet® 3.1


Etymology

Verb

collateralize (third-person singular simple present collateralizes, present participle collateralizing, simple past and past participle collateralized)

To secure a loan or other contract by using collateral.

To pledge assets as collateral.

Source: Wiktionary



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Word of the Day

21 June 2025

SUFFOCATION

(noun) the condition of being deprived of oxygen (as by having breathing stopped); “asphyxiation is sometimes used as a form of torture”


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Coffee Trivia

Some 16th-century Italian clergymen tried to ban coffee because they believed it to be “satanic.” However, Pope Clement VII loved coffee so much that he lifted the ban and had coffee baptized in 1600.

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