33 Example Sentences Showcasing the Meaning of 'Collateral'
Sarah had to provide a collateral for the loan, which meant putting down a valuable item as a monetary deposit.
In the business world, entrepreneurs often use their assets as collateral when seeking funding for their startups.
The car dealership requested a down payment as collateral before allowing Mark to take the new vehicle for a test drive.
The landlord asked for a security deposit as collateral to cover any potential damages to the apartment during the lease period.
The museum loaned valuable artwork to other institutions, requiring them to provide substantial collateral to ensure the pieces' safe return.
To secure the business loan, the entrepreneur had to offer some of his company's stocks as collateral to the bank.
The farmer used his livestock as collateral to obtain a loan for purchasing new equipment to improve crop yield.
The art collector offered a rare painting as collateral to secure a loan for expanding his private gallery.
The small business owner had to provide collateral in the form of inventory to secure a line of credit from the bank.
The charity accepted valuable items as collateral for their annual silent auction, with all proceeds going towards a good cause.
As part of the contract, the tenant had to provide a collateral in the form of a security deposit for potential damages to the rented property.
The government bonds served as collateral for the nation's foreign loans, ensuring financial stability in times of economic uncertainty.
The university library required students to leave a personal item as collateral when borrowing rare manuscripts from the special collections.
In the stock market, investors sometimes use their existing stock portfolio as collateral to borrow money for additional investments.
The insurance company required policyholders to offer their vehicles as collateral to qualify for a lower premium rate.
The landlord insisted on a collateral of references from previous landlords before approving the new tenant's lease application.
The entrepreneur used the patents for his innovative products as collateral to secure a venture capital investment for expanding his business.
The government confiscated the smuggled goods and sold them at auction, using the proceeds as collateral for anti-smuggling initiatives.
The university required students to provide a collateral, such as a laptop or tablet, to participate in the semester-long technology loan program.
The nonprofit organization used the endowment fund as collateral to secure a low-interest loan for expanding their community outreach programs.
The shipbuilder needed to offer a collateral in the form of a performance bond to assure the client that the vessel would be completed on schedule.
The restaurant owner used kitchen equipment as collateral to secure financing for a renovation, enhancing the dining experience for customers.
The online marketplace required sellers to provide a collateral, such as a verified account, to ensure trustworthiness in transactions.
The mortgage lender required the homebuyer to provide a collateral in the form of property to secure the home loan.
The aerospace company used its research and development projects as collateral to attract investors for advancing cutting-edge technology.
The government agency used national parks as collateral to secure funding for conservation projects aimed at preserving biodiversity.
The online gaming platform requested users to provide a collateral, such as a verified account, to ensure fair play and discourage cheating.
The philanthropic foundation used its endowment as collateral to secure partnerships and funding for initiatives focused on global education.
The automotive manufacturer pledged a fleet of electric vehicles as collateral to secure a substantial loan for expanding production capabilities.
The technology startup used its innovative software patents as collateral to secure investment for scaling up operations and entering new markets.
The municipality used its public infrastructure projects as collateral to secure bonds for funding urban development initiatives.
The collector used a rare stamp collection as collateral to secure a loan for opening a philately-themed museum.
The hotel chain used its prime real estate properties as collateral to secure financing for a major renovation across multiple locations.