Personal property, such as a house, car, Wells Fargo Savings account, stock, bond, or Time Account (CD), pledged as a guarantee that you will repay your loan.
Barry Goldsmith
| APA | Barry Goldsmith. (2010). Collateral (or Security). Retrieved September 21, 2026, from http://smartdefine.org/collateral_(or_security)/definitions/1150148 |
| Chicago | Barry Goldsmith. 2010. "Collateral (or Security)" http://smartdefine.org/collateral_(or_security)/definitions/1150148 (accessed September 21, 2026). |
| Harvard | Barry Goldsmith 2010, Collateral (or Security), Smart Define, viewed 21 September, 2026, <http://smartdefine.org/collateral_(or_security)/definitions/1150148>. |
| MLA | Barry Goldsmith. "Collateral (or Security)" 21 October 2010. Web. 21 September 2026. <http://smartdefine.org/collateral_(or_security)/definitions/1150148> |