Collateral(noun)
Something pledged as security for repayment of a loan, to be forfeited in the event of a default.
Hindi meaning:गारंटी
Synonyms: : Security, Surety, Guarantee, Assurance, Insurance, Indemnity
Antonyms: Insecurity, Danger, Peril, Risk
Example: If William wants to use his boat as collateral for the business loan, he needs to show proof of ownership to the bank.
Trick to remember: College me joining letter job ka Collateral nhi hota.









