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The phrase "a form of collateral" is correct and usable in written English.
It can be used in financial or legal contexts to describe an asset pledged as security for a loan or obligation.
Example: "The bank requires a form of collateral to secure the loan, such as property or investments."
Alternatives: "a type of security" or "an asset for backing".
Exact(11)
When the landowner can't pay up, the property becomes a form of collateral.
I was inclined to see him as a casualty of India's transformation, a form of collateral damage.
Nahanni Fontaine, a special adviser to the Manitoban government on aboriginal women's issues, argues that the violence is a form of collateral damage wrought by centuries of prejudice.
The letter, a form of collateral, promised that he would step down if there had been no I.R.A. moves on weapons by Feb. 12.
It used TerraForm Power shares -- trading above $30 at the time -- as a form of collateral but the structure left little room for error.
Nutrition is also a form of collateral in that investing in it when someone is young is a down payment on their cognitive capacity that will realise a high return over a 20-30 year period.
Similar(49)
If the Christmas match in no man's land was an implicit rebuke to the warmongers, an England-Afghanistan match at Wembley is likely to turn into an implicit pat on the back for their successors, using the injuries, deaths and suffering of the soldiers they placed in harm's way as a form of moral collateral, as "support the troops" shades once again into "support our wars".
Banks favor life insurance policies and accept them as a form of loan collateral.
Cohesive group membership with moral ties is a form of social collateral which manifests as joint liability and the reciprocity of obligations in times of need (Yunus 1999; Schreiner and Nagarajan, 1997).
He gave no details, but a euro zone source said one idea under consideration was for the European Financial Stability Facility rescue fund to buy Greek bonds in the primary market upon issuance next year, in return for a new form of collateral.
Philip Lane, who is heading a task force working on a synthetic bond backed by the sovereign debt of all EU countries, said Safe Bond-Backed Securities (SBBS) would give banks in the region an alternative form of collateral to national government bonds.
More suggestions(16)
a form of bail
a form of security
a form of reassurance
a form of unintentional
a form of secondary
a form of accidental
a form of additional
a form of securities
a form of incidental
a legacy of collateral
a risk of collateral
a producer of collateral
a screening of collateral
a trail of collateral
a bit of collateral
a deluge of collateral
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com