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Collateral vs. Deposit — What's the Difference?

Collateral vs. Deposit — What's the Difference?

Difference Between Collateral and Deposit

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Collateral

Something pledged as security for repayment of a loan, to be forfeited in the event of a default
She put her house up as collateral for the bank loan

Deposit

A sum of money paid into a bank or building society account
Cash funds which are an alternative to bank or building society deposits

Collateral

A person having the same ancestor as another but through a different line.

Deposit

A sum payable as a first instalment on the purchase of something or as a pledge for a contract, the balance being payable later
We've saved enough for a deposit on a house

Collateral

Additional but subordinate; secondary
The collateral meanings of a word
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Deposit

A layer or mass of accumulated matter
The deposits of salt on the paintwork

Collateral

Descended from the same stock but by a different line
A collateral descendant of Robert Burns

Deposit

The action of placing something in a specified place
I'd like to make a deposit
The deposit of a thesis in a library gives no guarantee of copyright protection

Collateral

Situated side by side; parallel
Collateral veins

Deposit

Put or set down (something or someone) in a specific place
He deposited a pile of school books on the kitchen table

Collateral

Situated or running side by side; parallel.

Deposit

Place (something) somewhere for safekeeping
A vault in which guests may deposit valuable property

Collateral

Coinciding in tendency or effect; concomitant or accompanying.

Deposit

To put or set down; place.

Collateral

Serving to support or corroborate
Collateral evidence.

Deposit

To lay down or leave behind by a natural process
Layers of sediment that were deposited on the ocean floor.
Glaciers that deposited their debris as they melted.

Collateral

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

Deposit

To give over or entrust for safekeeping.

Collateral

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

Deposit

To put (money) in a bank or financial account.

Collateral

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

Deposit

To give as partial payment or security.

Collateral

Property acceptable as security for a loan or other obligation.

Deposit

To become deposited; settle.

Collateral

A collateral relative.

Deposit

Something, such as money, that is entrusted for safekeeping, as in a bank.

Collateral

Parallel, along the same vein, side by side.

Deposit

The condition of being deposited
Funds on deposit with a broker.

Collateral

Corresponding; accompanying, concomitant.

Deposit

A partial or initial payment of a cost or debt
Left a $100 deposit toward the purchase of a stereo system.

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

Deposit

A sum of money given as security for an item acquired for temporary use.

Collateral

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

Deposit

A depository.

Collateral

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

Deposit

(Geology) A concentration of mineral matter or sediment in a layer, vein, or pocket
Iron ore deposits.
Rich deposits of oil and natural gas.

Collateral

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

Deposit

(Physiology) An accumulation of organic or inorganic material, such as a lipid or mineral, in a body tissue, structure, or fluid.

Collateral

Coming or directed along the side.
Collateral pressure

Deposit

A sediment or precipitate that has settled out of a solution.

Collateral

Acting in an indirect way.

Deposit

A coating or crust left on a surface, as by evaporation or electrolysis.

Collateral

Having the phloem and xylem adjacent.

Deposit

(geology) Sediment or rock that is not native to its present location or is different from the surrounding material. Sometimes refers to ore or gems.

Collateral

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

Deposit

That which is placed anywhere, or in anyone's hands, for safekeeping; something entrusted to the care of another.

Collateral

A collateral (not linear) family member.

Deposit

(banking) Money placed in an account.

Collateral

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

Deposit

Anything left behind on a surface.
A mineral deposit
A deposit of seaweed on the shore
A deposit of jam on my countertop

Collateral

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

Deposit

(finance) A sum of money or other asset given as an initial payment, to show good faith, or to reserve something for purchase.
They put down a deposit on the apartment.

Collateral

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

Deposit

A sum of money given as a security for a borrowed item, which will be given back when the item is returned, e.g. a bottle deposit or can deposit

Collateral

(archaic) A contemporary or rival.

Deposit

A place of deposit; a depository.

Collateral

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

Deposit

(transitive) To lay down; to place; to put.
A crocodile deposits her eggs in the sand.
The waters deposited a rich alluvium.

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.

Deposit

To lay up or away for safekeeping; to put up; to store.
To deposit goods in a warehouse

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.

Deposit

To entrust one's assets to the care of another. Sometimes done as collateral.

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.

Deposit

(transitive) To put money or funds into an account.
I had to deposit two months' rent into my landlord's account before he gave me the keys.

Collateral

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

Deposit

To lay aside; to rid oneself of.

Collateral

A collateral relative.

Deposit

To lay down; to place; to put; to let fall or throw down (as sediment); as, a crocodile deposits her eggs in the sand; the waters deposited a rich alluvium.
The fear is deposited in conscience.

Collateral

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

Deposit

To lay up or away for safe keeping; to put up; to store; as, to deposit goods in a warehouse.

Collateral

A security pledged for the repayment of a loan

Deposit

To lodge in some one's hands for safe keeping; to commit to the custody of another; to intrust; esp., to place in a bank, as a sum of money subject to order.

Collateral

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

Deposit

To lay aside; to rid one's self of.
If what is written prove useful to you, to the depositing that which I can not but deem an error.

Collateral

Serving to support or corroborate;
Collateral evidence

Deposit

That which is deposited, or laid or thrown down; as, a deposit in a flue; especially, matter precipitated from a solution (as the siliceous deposits of hot springs), or that which is mechanically deposited (as the mud, gravel, etc., deposits of a river).
The deposit already formed affording to the succeeding portion of the charged fluid a basis.

Collateral

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

Deposit

A natural occurrence of a useful mineral under the conditions to invite exploitation.

Collateral

Situated or running side by side;
Collateral ridges of mountains

Deposit

That which is placed anywhere, or in any one's hands, for safe keeping; something intrusted to the care of another; esp., money lodged with a bank or banker, subject to order; anything given as pledge or security.

Deposit

A bailment of money or goods to be kept gratuitously for the bailor.

Deposit

A place of deposit; a depository.

Deposit

The phenomenon of sediment or gravel accumulating

Deposit

Matter deposited by some natural process

Deposit

The natural process of laying down a deposit of something

Deposit

Money deposited in a bank

Deposit

A partial payment made at the time of purchase; the balance to be paid later

Deposit

Money given as security for an article acquired for temporary use;
His deposit was refunded when he returned the car

Deposit

A payment given as a guarantee that an obligation will be met

Deposit

A facility where things can be deposited for storage or safekeeping

Deposit

The act of putting something somewhere

Deposit

Fix, force, or implant;
Lodge a bullet in the table

Deposit

Put into a bank account;
She deposites her paycheck every month

Deposit

Put (something somewhere) firmly;
She posited her hand on his shoulder
Deposit the suitcase on the bench
Fix your eyes on this spot

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