as collateral

USAGE SUMMARY

"as collateral" is correct and usable in written English.
You can use this phrase to refer to something that is provided as a guarantee to ensure something else is done. For example, "I had to put up my car as collateral for the loan".

✓ Grammatically correct

News & Media

Encyclopedias

Wiki

Human-verified examples from authoritative sources

Exact Expressions

55 human-written examples

And it has pledged some $8.7 billion of equity in Cablevision, another cable company, as collateral.

The New York Times

Culture is not hit as collateral damage.

The New York Times

He described her case as "collateral damage".

Independent

"It's seen as collateral damage.

The Guardian

The property and copyrights remain as collateral.

The New York Times - Arts

In war, both sides destroy art, usually as collateral damage.

The Guardian - Arts

The shares had been pledged as collateral for a loan.

The New York Times

When borrowing to buy stocks, the shares serve as collateral.

The New York Times

Prosecutors said they froze the shares as collateral.

The New York Times

"I borrowed money to go, with my land as collateral".

The New York Times

Workers often used their houses as collateral for loans.

The New York Times

Expert writing Tips

Best practice

When using "as collateral", ensure the asset's value is clearly defined and agreed upon by all parties involved to avoid disputes.

Common error

Avoid overstating the value of the asset offered "as collateral". Accurate valuation is crucial for the agreement's validity and preventing future legal issues.

Linguistic Context

The phrase "as collateral" functions as a prepositional phrase that modifies a verb or noun, indicating the purpose or condition under which something is offered or accepted. Ludwig confirms this usage is grammatically correct.

Expression frequency: Very common

Frequent in

News & Media

78%

Encyclopedias

11%

Wiki

9%

Less common in

Formal & Business

1%

Science

0%

Reference

0%

Ludwig's WRAP-UP

In summary, "as collateral" is a prepositional phrase used to describe the act of pledging an asset to secure a loan or agreement. Ludwig AI confirms that the phrase is grammatically correct and frequently used, particularly in news and media sources. The phrase typically appears in professional contexts related to finance and law. When using "as collateral", it's important to accurately value the asset and understand the implications of potential loss. Alternatives such as "as security" or "as a pledge" can be used to convey similar meanings. Overall, the consistent application and grammatical correctness make it a valuable phrase in formal and business-related content.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

as security

Emphasizes the function of protecting the lender against loss.

as a pledge

Highlights the act of formally offering something as security.

as a guarantee

Focuses on the assurance provided to the lender.

as backing

Implies support and assurance behind a loan or agreement.

as surety

Stresses the role of the item as a form of legal undertaking.

as deposit

Highlights the upfront provision of an asset to secure a transaction.

as bond

Refers to a formal agreement secured by assets.

as leverage

Suggests using an asset to increase borrowing capacity.

to secure

Highlights the action of making something safe or certain.

in pawn

Indicates the act of temporarily leaving goods with a lender.

FAQs

How is "as collateral" used in legal contexts?

In legal contexts, "as collateral" specifies the assets pledged to secure a loan or obligation. These assets can be seized if the borrower fails to meet the agreed terms.

What items can be used "as collateral"?

Common items used "as collateral" include real estate, stocks, bonds, and other valuable assets. The acceptability of an item depends on the lender's policies and the asset's appraised value.

What are the implications of offering something "as collateral"?

Offering something "as collateral" means you risk losing the asset if you fail to repay the loan or fulfill the obligation. It's a serious commitment that should be carefully considered.

What's the difference between "as security" and "as collateral"?

"As security" is a broader term referring to any measure taken to ensure an obligation is met. "As collateral" specifically refers to assets pledged "as security" for a loan or debt.