collateral in Hungarian
collateral in Hungarian is oldalági rokon — collateral means an asset pledged as security for a loan, which the lender can claim if the borrower fails to repay.
collateral in Hungarian
oldalági rokon
collateral relative
What does "collateral" mean?
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noun An asset pledged as security for a loan, which the lender can claim if the borrower fails to repay.
"He put up his car as collateral for the loan."
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adj Secondary or incidental, alongside the main effect or target.
"The report focused on collateral damage from the policy change."
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collateral in a sentence
- He put up his car as collateral for the loan.
- The bank required collateral before approving the mortgage.
- The report focused on collateral damage from the policy change.
Similar words in Hungarian
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Frequently asked questions
What is "collateral" in Hungarian?
"collateral" in Hungarian is oldalági rokon. collateral means: An asset pledged as security for a loan, which the lender can claim if the borrower fails to repay.
How do you use "collateral" in a sentence?
Example: "He put up his car as collateral for the loan." In Hungarian, "collateral" is oldalági rokon.
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