V2 Vocabulary Building Dictionary
collateral
noun, adjective
Definition: (n.) 1. a security pledged for the repayment of a loan; 2. accompaniment to something else (as in: collateral damage); (adj.) 1. serving as an addition to support or corroborate; 2. running side by side (as in: collateral ridges of mountains); 3. descendent from the same ancestor
Synonyms: (n.) security, guarantee, insurance, confirmation, substantiation, validation, (adj.) parallel, additional, accompanying, connected, dependent, indirect, side-by-side
Antonyms: (adj.) unrelated, independent
Tips: In business, the term collateral is often used when referring to marketing or publicity materials, as in "marketing collateral piece." This refers to additional marketing support items. In war, collateral damage refers to destruction of non military targets--damage that was not intended, but occurred due to proximity to the intended target. In banking, collateral refers to an asset that you list on your loan as security against a default on the loan.
Usage Examples:
This brochure is one of the best collateral pieces we’ve ever designed, and I’m sure it will generate many sales for the client. (accompanying, additional) adjective
Lisa put her car up as collateral when she applied for a small business loan. (security, guarantee) noun
The US Military carefully planned each attack so as to avoid any collateral damage. (additional, accompanying, indirect) adjective
Our collateral marketing and sales efforts have proven successful. (parallel, side-by-side, connected) adjective
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