HomeSite MapCompareFinanceDebtCasino Collateral securityThe mortgage definition for Collateral security:Additional security a borrower supplies to obtain a loan. Similar MatchesCollateralCollateralThe property or other asset which the lender can sell to repay the loan if the borrower does not keep up the mortgage payments. In most cases, the home is collateral on a mortgage. If the borrower fails to repay the loan, the property will be repossessed. Click to compare definitions of Collateral security Click to view definitions beginning co |