collateralize
col·lat·er·al·ize
transitive verb \kə-ˈla-t(ə-)rə-ˌlīz\col·lat·er·al·izedcol·lat·er·al·iz·ing
Definition of COLLATERALIZE
1
: to make (a loan) secure with collateral
2
: to use (as securities) for collateral
First Known Use of COLLATERALIZE
1941
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