collateralize

verb col·lat·er·al·ize \ kə-ˈla-t(ə-)rə-ˌlīz \

Updated on: 20 Mar 2018

Definition of collateralize

collateralized; collateralizing

transitive verb

1 : to make (a loan) secure with collateral

2 : to use (something, such as securities) for collateral

Recent Examples of collateralize from the Web

Jason Maloni, a spokesperson for Manafort, referred NBC News to his previous statements saying that Manafort's loans were over-collateralized and above-market rate.

— tom winter and hallie jackson, NBC News, "Mueller asking if Manafort promised banker White House job in return for loans," 21 Feb. 2018
The loan from Fortress is collateralized by Theranos’s patent portfolio and the deal grants Fortress warrants for 4% of the company’s equity, Ms. Holmes told investors in her email.

— john carreyrou, WSJ, "Blood-Testing Firm Theranos Gets $100 Million Lifeline From Fortress," 24 Dec. 2017
The records also show that many properties are cross-collateralized and financed by real estate speculators rather than traditional lenders.

— edmund h. mahony, courant.com, "Judge Calls Fugitive Hartford Lawyer 'Mind-Boggling'," 25 July 2017
The bonds AEG proposed the city borrow were fully collateralized by AEG, but sources tell Billboard there was always a concern that AEG's financial projections regarding were too optimistic and might not pan out.

— dave brooks, Billboard, "AEG Drops Out of KeyArena Project, Ceding Project to Leiweke," 5 June 2017

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'collateralize.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.