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prenda — 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.
  • forfeit verb To lose or give up something as a penalty for breaking a rule or agreement.
  • garment noun An item of clothing.
  • pledge verb To make a solemn promise to do something.
  • security noun The state of being safe from danger, harm, or threat.
  • token noun A small object, coin, or piece of metal or plastic used in place of money, such as for a subway turnstile or arcade machine.

Senses

prenda 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.
  • forfeit Something deposited and redeemable by a sportive fine as part of a game.
  • garment A single item of clothing.
  • pledge (law) A bailment of personal property to secure payment of a debt without transfer of title.
  • security (legal) Something that secures the fulfillment of an obligation or law.
  • security (finance) Property etc. temporarily relinquished to guarantee repayment of a loan.
  • token Something given or shown as a symbol or guarantee of authority or right; a sign of authenticity, of power, good faith.

collateral — full definition

  1. noun An asset pledged as security for a loan, which the lender can claim if the borrower fails to repay.
  2. adj Secondary or incidental, alongside the main effect or target.

forfeit — full definition

  1. verb To lose or give up something as a penalty for breaking a rule or agreement.
  2. noun Something lost or given up as a penalty.

Related Spanish words