collateral
Medicine adjective
Of information, obtained from a source other than the patient, such as a relative or carer.
We took a collateral history from his daughter because he couldn't recall the timeline.
Law noun
An asset pledged by a borrower to secure a loan, which the lender may realise on default.
The lender required additional collateral before extending the credit facility.
Business noun
An asset pledged by a borrower that a lender can seize if the loan is not repaid.
The bank required the warehouse as collateral before extending the credit line.
Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.
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