COLLATERALIZE

collateralize (k[schwa]-lat-[schwa]r-[schwa]l-Iz), vb. 1. To serve as collateral for (the purchased property collateralized the loan agreement). 2. To make (a loan) secure with collateral (the creditor insisted that the loan be collateralized). [Cases: Secured Transactions 1. C.J.S. Secured Transactions §§ 3, 7–9, 23, 37.] — collateralization (k[ schwa]-lat-[schwa]r-[schwa]l-[schwa]-zay-sh[schwa]n), n.