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The phrase "acts as collateral" is correct and usable in written English.
It can be used in financial or legal contexts to describe something that serves as security for a loan or obligation.
Example: "The property acts as collateral for the mortgage loan, ensuring the lender's investment is protected."
Alternatives: "serves as security" or "functions as a guarantee."
Exact(5)
The security, which is usually short-term Treasury debt, acts as collateral for the loan.In this section The $15 trillion question Neither liquid nor solid Sub-zero conditions Managing Mammon Time and punishment Competition, hammered ReprintsRepos are the oil that greases the wheels of the financial system, allowing financial institutions to manage their cash needs.
This creates an asset-backed security in which the underlying real estate acts as collateral.
That features a second token — Luna — which Shin said acts as collateral by accumulating revenue by taking the small transaction fee incurred when spending the Terra token.
Since credit is extended to agricultural households who borrow on the basis of their land holding, such land holding acts as collateral from the lender's perspective.
Qualifying standards are relatively lenient because that upfront deposit acts as collateral.
Similar(54)
The Zohar CLOs aren't the only structured financings that Patriarch has acted as collateral manager on, but they are now the ones that Tilton's reputation hinges on.
Mercy Corps will provide a cash deposit to act as collateral for the loan component.
It should act as collateral now for the balance of payments facility, but also in the future for the greater use of innovative financial instruments leveraging European budgets.
"Certainly, many credit unions have credit builder or rebuilder loans, often structured as a loan with a built-in savings component so that a person gradually builds up funds that can act as partial collateral," said Clifford Rosenthal, the president of the National Federation of Community Development Credit Unions, a trade association representing credit unions in low- and moderate-income areas.
There's a demo on the Oculus store that acted as marketing collateral for the movie Jurassic World.
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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