a broad range of collateral

USAGE SUMMARY

The phrase "a broad range of collateral" is correct and usable in written English.
It can be used in contexts related to finance, law, or any situation where various types of collateral are being discussed or evaluated. Example: "The bank offers a broad range of collateral options to secure loans, including real estate, vehicles, and equipment."

✓ Grammatically correct

News & Media

Science

Human-verified examples from authoritative sources

Exact Expressions

3 human-written examples

It offered unlimited loans to commercial banks for up to a year against a broad range of collateral.

The Economist

The Primary Dealer Credit Facility, which is made available to those investment banks that trade directly with the Fed, will loan money to those firms in exchange for a broad range of collateral, including hard-to-sell mortgage assets.

The New York Times

Beyond the billions in stated dollar amounts that it is providing Bear Stearns (and the potentially billions more it was on the hook for), the Fed agreed to open up a new lending facility to investment banks that will accept a "broad range" of collateral — meaning the largely illiquid assets that have dragged down banks' capital).

The New York Times

Human-verified similar examples from authoritative sources

Similar Expressions

55 human-written examples

As the lender of last resort, it must do more to save the banks by offering unlimited liquidity for longer duration against a broader range of collateral.

The Economist

As the credit crisis has deepened, the central banks have made more money available against a broader range of collateral for longer periods to a wider group of financial firms.

The Economist

We will hold monthly repo auctions to provide predictable and regular access to high-quality collateral in exchange for a very broad range of collateral.

The Guardian - Business

Developed economies need rules governing investment, a system of secured lending that makes it easy for creditors to take a broad range of assets as collateral and a workable tax regime.

Huffington Post

Primary dealers, a group of about 20 big banks and brokers that deal directly with the Fed in its monetary policy operations and in Treasury bond auctions, can borrow at the discount rate by posting "a broad range of investment-grade debt securities" as collateral.

Forbes

"The Federal Reserve's decision to create a lending facility for primary dealers and permit a broad range of investment-grade securities to serve as collateral improves the liquidity picture," he told The Times, and "from my perspective, takes the liquidity issue for the entire industry off the table".

The New York Times

"The Federal Reserve's decision to create a lending facility for primary dealers and permit a broad range of investment-grade securities to serve as collateral improves the liquidity picture," he said, and "from my perspective, takes the liquidity issue for the entire industry off the table".

The New York Times

This is an important and far-reaching consideration because SARS caused collateral damage and we know that the implementation of visitation restrictions will have an impact on a broad range of individuals.

Critical Care

Expert writing Tips

Best practice

When describing financial agreements, use "a broad range of collateral" to convey flexibility in the types of assets accepted as security. This indicates openness to various forms of security, potentially attracting a wider pool of borrowers.

Common error

Avoid using "a broad range of collateral" in casual conversations or informal writing. This phrase is best suited for formal contexts, such as legal documents, financial reports, or business communications. Using simpler terms like "various options" or "many choices" is often more appropriate in informal settings.

Linguistic Context

The phrase "a broad range of collateral" functions as a noun phrase that modifies a verb, often related to financial transactions. It describes the scope of assets that can be used as security for a loan or investment. Ludwig AI indicates that the phrase is correct and usable in written English.

Expression frequency: Rare

Frequent in

News & Media

60%

Science

20%

Formal & Business

10%

Less common in

Encyclopedias

0%

Wiki

0%

Reference

0%

Ludwig's WRAP-UP

In summary, "a broad range of collateral" is a phrase used in formal contexts, particularly finance and law, to denote the variety of assets that can be accepted as security. Ludwig AI confirms its grammatical correctness and usability. While alternatives like "a wide array of security" exist, the original phrase is particularly effective in emphasizing inclusivity and flexibility in financial agreements. The phrase is mainly used in News & Media, though there are also examples in Science and Formal & Business. When using this phrase, it’s important to consider the formal context and avoid overuse in casual settings.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

a wide array of security

Focuses on the variety of assets used as security.

a diverse set of guarantees

Emphasizes the different types of guarantees offered.

an extensive selection of assets as security

Highlights the comprehensiveness of the asset choice.

a comprehensive list of acceptable collateral

Stresses the completeness and approval aspect of the collateral.

various forms of pledged assets

Indicates different formats and types of assets that are promised as security.

multiple categories of security

Highlights that the collateral falls into different types.

a spectrum of eligible assets

Focuses on the eligibility of assets within a defined range.

a complete assortment of warrants

Emphasizes that there is an assortment of different kinds of collateral.

an inclusive selection of mortgage assets

Highlights that the selection is made inclusive with mortage assets.

a flexible collection of securities

Underlines that the securities are flexible.

FAQs

How can I use "a broad range of collateral" in a sentence?

You can use "a broad range of collateral" to describe the assets a lender accepts as security. For example, "The bank accepts "a broad range of collateral", including real estate and stocks."

What's a simpler alternative to "a broad range of collateral"?

In less formal settings, consider using phrases like "various security options" or "many types of assets" as a substitute for "a broad range of collateral".

Is it more appropriate to say "a broad range of collateral" or "a wide range of collateral"?

Both "a broad range of collateral" and "a wide range of collateral" are grammatically correct and convey a similar meaning. The choice between them often depends on stylistic preference, although "broad" might imply a greater diversity of assets.

In what contexts is it most appropriate to use the phrase "a broad range of collateral"?

The phrase "a broad range of collateral" is most fitting in financial, legal, and business contexts where the specifics of assets being used as security are discussed. It's especially relevant in documents related to loans, investments, and risk management.