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teminat — 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.
  • guarantee noun A firm promise or assurance that something will happen or that a product will work as described.

Senses

teminat 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.
  • guarantee Anything that assures a certain outcome.

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.

guarantee — full definition

  1. noun A firm promise or assurance that something will happen or that a product will work as described.
  2. verb To promise firmly that something will happen or be true.
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