onderpand — meaning in English
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English meaning
- collateral noun An asset pledged as security for a loan, which the lender can claim if the borrower fails to repay.
- security noun The state of being safe from danger, harm, or threat.
Senses
onderpand is used for these senses in English:
- collateral (finance) A security or guarantee (usually an asset) pledged for the repayment of a loan if one cannot procure enough funds to repay.
- security (finance) Property etc. temporarily relinquished to guarantee repayment of a loan.
collateral — full definition
- noun An asset pledged as security for a loan, which the lender can claim if the borrower fails to repay.
- adj Secondary or incidental, alongside the main effect or target.
security — full definition
- noun The state of being safe from danger, harm, or threat.
- noun The staff or systems responsible for protecting a place or people.
- noun A tradeable financial asset such as a stock or bond.
- noun Property pledged as a guarantee that a loan will be repaid.