Ask Difference

Colateral vs. Collateral — What's the Difference?

Edited by Tayyaba Rehman — By Fiza Rafique — Published on September 16, 2023
"Colateral" is an incorrect spelling; the correct form is "collateral," which refers to something pledged as security for loan repayment.

Difference Between Colateral and Collateral

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Which is correct: Colateral or Collateral

How to spell Collateral?

Colateral

Incorrect Spelling

Collateral

Correct Spelling

Key Differences

"Collateral" has a "double L" just like "ball" which can be a collateral in a game of loans.
Fiza Rafique
Sep 16, 2023
"Collateral" also relates to "parallel," both having double L's.
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Sep 16, 2023
Picture the word "call" in "collateral" to remember the double L.
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Sep 16, 2023
Focus on "collar" in "collateral," which is something tangible, just like collateral assets.
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Sep 16, 2023
"Collateral" has two sides (two 'L's) just like it serves as security on two sides of a deal.
Fiza Rafique
Sep 16, 2023
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Compare with Definitions

Colateral

Colateral is an incorrect spelling of collateral.
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Sep 09, 2023

Collateral

Something pledged as security for a loan's repayment.
The bank required a house as collateral for the mortgage.
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Collateral

Related but secondary; indirect.
The collateral benefits of the project were unexpected.
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Sep 09, 2023

Collateral

Descended from the same stock but in a different line.
They were collateral relatives, sharing a great-grandparent.
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Sep 09, 2023

Collateral

Situated or running side by side; parallel.
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Aug 29, 2023
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Collateral

Coinciding in tendency or effect; concomitant or accompanying.
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Collateral

Serving to support or corroborate
Collateral evidence.
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Collateral

Of a secondary nature; subordinate
Collateral target damage from a bombing run.
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Collateral

Of, relating to, or guaranteed by a security pledged against the performance of an obligation
A collateral loan.
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Collateral

Having an ancestor in common but descended from a different line.
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Collateral

Property acceptable as security for a loan or other obligation.
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Collateral

A collateral relative.
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Collateral

Parallel, along the same vein, side by side.
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Collateral

Corresponding; accompanying, concomitant.
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Collateral

Being aside from the main subject, target, or goal.
Although not a direct cause, the border skirmish was certainly a collateral incitement for the war.
Collateral damage
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Collateral

(genealogy) Of an indirect ancestral relationship, as opposed to lineal descendency.
Uncles, aunts, cousins, nephews and nieces are collateral relatives.
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Collateral

(finance) Relating to a collateral in the sense of an obligation or security.
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Collateral

(finance) Expensive to the extent of being paid through a loan.
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Collateral

Coming or directed along the side.
Collateral pressure
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Collateral

Acting in an indirect way.
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Collateral

Having the phloem and xylem adjacent.
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Collateral

(finance) A security or guarantee (usually an asset) pledged for the repayment of a loan if one cannot procure enough funds to repay.
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Collateral

A collateral (not linear) family member.
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Collateral

(anatomy) A branch of a bodily part or system of organs.
Besides the arteries blood streams through numerous veins we call collaterals.
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Collateral

(marketing) Printed materials or content of electronic media used to enhance sales of products (short form of collateral material).
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Collateral

(anatomy) A thinner blood vessel providing an alternate route to blood flow in case the main vessel becomes occluded.
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Collateral

(archaic) A contemporary or rival.
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Collateral

Coming from, being on, or directed toward, the side; as, collateral pressure.
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Collateral

Acting in an indirect way.
If by direct or by collateral handThey find us touched, we will our kingdom give . . . To you in satisfaction.
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Collateral

Related to, but not strictly a part of, the main thing or matter under consideration; hence, subordinate; not chief or principal; as, collateral interest; collateral issues.
That he [Attebury] was altogether in the wrong on the main question, and on all the collateral questions springing out of it, . . . is true.
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Collateral

Tending toward the same conclusion or result as something else; additional; as, collateral evidence.
Yet the attempt may giveCollateral interest to this homely tale.
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Collateral

Descending from the same stock or ancestor, but not in the same line or branch or one from the other; - opposed to lineal.
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Collateral

A collateral relative.
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Collateral

Collateral security; that which is pledged or deposited as collateral security.
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Collateral

A security pledged for the repayment of a loan
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Collateral

Descended from a common ancestor but through different lines;
Cousins are collateral relatives
An indirect descendant of the Stuarts
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Collateral

Serving to support or corroborate;
Collateral evidence
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Collateral

Accompaniment to something else;
Collateral target damage from a bombing run
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Collateral

Situated or running side by side;
Collateral ridges of mountains
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Collateral

A side branch, as of a blood vessel or nerve.
The collateral arteries help in blood circulation.
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Sep 09, 2023

Collateral

Serving to support or reinforce; accompanying.
Collateral evidence was used in the trial.
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Sep 09, 2023

Common Curiosities

Why is it called collateral?

It's derived from medieval Latin "collateralis," from "col-" meaning ‘together with’ + "latus" meaning 'side.'
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What is the verb form of collateral?

There isn't a direct verb form of "collateral."
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Which conjunction is used with collateral?

Collateral doesn't have a specific conjunction associated; it would depend on the sentence context.
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Sep 16, 2023

What is the root word of collateral?

The root is from medieval Latin "collateralis."
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Which vowel is used before collateral?

The vowel "a" is used before the -ral in collateral.
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Which article is used with collateral?

Both "a" and "the" can be used with collateral, depending on context.
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Is collateral an adverb?

No, collateral is not an adverb.
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What is the pronunciation of collateral?

The pronunciation of collateral is /kəˈlætərəl/.
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Sep 16, 2023

Is collateral an abstract noun?

No, while its concept can be abstract, it often refers to tangible assets.
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Is collateral a negative or positive word?

It is neutral; however, its connotation depends on context.
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What is the singular form of collateral?

The singular form is "collateral."
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Is collateral a vowel or consonant?

"Collateral" is a word composed of both vowels and consonants.
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Is collateral a countable noun?

It can be countable when referring to multiple types of security assets or agreements.
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What is the plural form of collateral?

The plural form is "collaterals."
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Is collateral a noun or adjective?

Collateral can be both a noun and an adjective.
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How do we divide collateral into syllables?

Collateral is divided as col-lat-er-al.
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What is a stressed syllable in collateral?

The stressed syllable is "lat" in collateral.
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What is another term for collateral?

Another term for collateral (financial context) is "security."
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Which preposition is used with collateral?

"Against" is often used, as in "collateral against a loan."
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Is the collateral term a metaphor?

Not inherently, but it can be used metaphorically in some contexts.
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Sep 16, 2023

What is the third form of collateral?

Again, it remains "collateral."
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Sep 16, 2023

Is the word collateral imperative?

No, "collateral" is not an imperative.
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Sep 16, 2023

What part of speech is collateral?

Collateral can be both a noun and an adjective.
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Sep 16, 2023

What is the second form of collateral?

Nouns and adjectives don’t have verb tenses; it remains "collateral."
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Sep 16, 2023

How is collateral used in a sentence?

"He provided his car as collateral for the personal loan."
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How many syllables are in collateral?

Collateral has four syllables.
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Is collateral a collective noun?

No, collateral is not a collective noun.
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Sep 16, 2023

What is the opposite of collateral?

The opposite could be "unsecured" when speaking of loans.
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Sep 16, 2023

Which determiner is used with collateral?

Determiners like "this," "that," "my," "her," "his," "a," and "the" can be used with collateral.
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Sep 16, 2023

What is the first form of collateral?

As a noun/adjective, it remains "collateral."
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Sep 16, 2023

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Author Spotlight

Written by
Fiza Rafique
Fiza Rafique is a skilled content editor at AskDifference.com, where she meticulously refines and enhances written pieces. Drawing from her vast editorial expertise, Fiza ensures clarity, accuracy, and precision in every article. Passionate about language, she continually seeks to elevate the quality of content for readers worldwide.
Tayyaba Rehman is a distinguished writer, currently serving as a primary contributor to askdifference.com. As a researcher in semantics and etymology, Tayyaba's passion for the complexity of languages and their distinctions has found a perfect home on the platform. Tayyaba delves into the intricacies of language, distinguishing between commonly confused words and phrases, thereby providing clarity for readers worldwide.

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