collateral
col·lat·er·al 1 /kə-'la-tə-rəl, -'la-trəl/ adj
1 a: accompanying as a secondary fact, activity, or agency but subordinate to a main consideration
b: not directly relevant or material
a collateral evidentiary matter
a collateral issue
2: belonging to the same ancestral stock but not in a direct line of descent compare lineal
3 a: of, relating to, or being collateral used as a security (as for payment of a debt)
b: secured by collateral
a collateral loan
col·lat·er·al·ly adj
collateral 2 n
1: a collateral relative
2: property pledged by a borrower to protect the interests of the lender in the event of the borrower's default; specif under Article 9 of the Uniform Commercial Code: property subject to a security interest

Merriam-Webster’s Dictionary of Law. . 1996.

collateral
I (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, collateral source rule, collateral undertaking, collateral warranties II (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
III index additional, akin (germane), ancillary (auxiliary), bail, binder, circumstantial, coextensive, concurrent (at the same time), consanguineous, correlative, deposit, down payment, extrinsic, hostage, hypothecation, incident, pendent, peripheral, pledge (security), related, relative (relevant), secondary, security (pledge), similar, subordinate, supplementary

Burton's Legal Thesaurus. . 2006


collateral
n.
Something pledged as security for a loan, to be forfeited if the debt is not paid.
adj.
Beside; parallel; additional. See also lineal

The Essential Law Dictionary. — Sphinx Publishing, An imprint of Sourcebooks, Inc. . 2008.


collateral
1. something that is independent of another but relates to the same subject matter, thus, the phrases collateral agreement or collateral guarantee.
2. of the same family line although not in the direct descent.

Collins dictionary of law. . 2001.


collateral
Property that someone promises or gives to a creditor to guarantee payment of a debt — thus creating what's called a secured debt. If the borrower defaults on the loan, the creditor may seize the property and sell it to cover the debt.
Category: Bankruptcy, Foreclosure & Debt
Category: Business, LLCs & Corporations
Category: Real Estate & Rental Property

Nolo’s Plain-English Law Dictionary. . 2009.

collateral
Assets pledged by a third party to secure payment by the borrower of a debt. The term is now commonly used to describe assets pledged by the borrower itself.
+ collateral
USA
Property of an entity that is subject to a security interest or lien securing payment or performance of an obligation in favor of a secured party. If the entity breaches its obligations to the secured party, the secured party will have rights and remedies with respect to the collateral.

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.


collateral
1 adj. Secondary; subordinate; supplemental.
2 n. Property, including accounts, contract rights, and chattel paper, that is subjected to a security interest in exchange for credit or as security for a debt.
3 adj. Indirect; on a parallel or diverging line.
@ collateral ascendant
A relative, such as an aunt, uncle, or cousin, who has a common ancestor with a person but is not that person's ancestor. Also called collateral.
See also ancestor, descendant.
@ collateral attack
An attack in a judicial proceeding against another judicial proceeding or a judgment entered in another court. For example, a party in Florida may attack a judgment entered against him by an Alaska court on the grounds that Alaska did not have jurisdiction over him or the underlying cause of action.
@
@ collateral source rule
In tort law, the doctrine that any compensation, such as insurance benefits, received by an injured party from a source that is independent of the tortfeasor does not reduce the damages that the tortfeasor is obligated to pay.
See also subrogation.
@

Webster's New World Law Dictionary. . 2000.


collateral
Related; indirect; not bearing immediately upon an issue. The property pledged or given as a security interest, or a guarantee for payment of a debt, that will be taken or kept by the creditor in case of a default on the original debt.

Dictionary from West's Encyclopedia of American Law. 2005.


collateral
Related; indirect; not bearing immediately upon an issue. The property pledged or given as a security interest, or a guarantee for payment of a debt, that will be taken or kept by the creditor in case of a default on the original debt.

Short Dictionary of (mostly American) Legal Terms and Abbreviations.

collateral
   1) n. property pledged to secure a loan or debt, usually funds or personal property as distinguished from real property (but technically collateral can include real estate).
   2) adj. referring to something that is going on at the same time parallel to the main issue in a lawsuit or controversy which may affect the outcome of the case, such as adoption of a new federal regulation or a criminal trial of one of the parties. Example: John has filed a lawsuit in New Mexico, where he lives, to establish that he is not the father of Betty's child, while Betty has filed for divorce in Colorado asking that John pay child support for the child. The New Mexico paternity suit is collateral to the Colorado divorce action.

Law dictionary. . 2013.

Synonyms:

Look at other dictionaries:

  • collatéral — collatéral, ale, aux [ kɔ(l)lateral, o ] adj. • colatéralXIVe; lat. médiév. collateralis, de latus, lateris « côté » 1 ♦ Qui est latéral par rapport à qqch. Anat. Artère collatérale, qui se détache d un tronc principal et chemine parallèlement à… …   Encyclopédie Universelle

  • Collateral — Col*lat er*al, a. [LL. collateralis; col + lateralis lateral. See {Lateral}.] 1. Coming from, being on, or directed toward, the side; as, collateral pressure. Collateral light. Shak. [1913 Webster] 2. Acting in an indirect way. [1913 Webster] If… …   The Collaborative International Dictionary of English

  • Collateral — Título Colateral Colateral: Lugar y tiempo equivocado Ficha técnica Dirección Michael Mann Ayudante de dirección Michael Waxman Carla Bowen …   Wikipedia Español

  • Collateral — may refer to: Collateral (finance) Collateral (film) See also Collateral damage Collateral Warranty Collateral contract Collateral ganglia Collateral estoppel Collateral source rule Collateralized debt obligation Marketing collateral Collateral… …   Wikipedia

  • collatéral — collatéral, ale (kol la té ral, ra l ) adj. 1°   Qui accompagne, qui marche à côté.    Terme d architecture. Nef collatérale, nef des bas côtés ou ailes d une église ; et, substantivement, les collatéraux d une église, les bas côtés.    Terme d… …   Dictionnaire de la Langue Française d'Émile Littré

  • Collateral — Collatéral (film) Pour les articles homonymes, voir Collatéral. Collatéral est un thriller et un film d action américain réalisé par Michael Mann et sorti en 2004 …   Wikipédia en Français

  • collateral — Property pledged as security for the satisfaction of a debt. Collateral may also refer to property that has become subject to the lien of one or more creditors through judicial process. Such creditors are often referred to as secured creditors… …   Glossary of Bankruptcy

  • collatéral — COLLATÉRAL, ALE. adj. (On pron. les L.) Ce terme n est d usage qu en parlant de parenté et de succession hors de la ligne directe, soit descendante, soit ascendante. Ainsi on appelle Héritier collatéral, Un héritier qui ne descend point de celui… …   Dictionnaire de l'Académie Française 1798

  • Collateral — Col*lat er*al, n. 1. A collateral relative. Ayliffe. [1913 Webster] 2. Collateral security; that which is pledged or deposited as collateral security. [1913 Webster] …   The Collaborative International Dictionary of English

  • collateral — [kə lat′ər əl] adj. [ME < ML collateralis < L com , together + lateralis,LATERAL] 1. side by side; parallel 2. parallel in time, rank, importance, etc.; corresponding 3. accompanying or existing in a subordinate, corroborative, or indirect… …   English World dictionary

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