collateralize

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Collateralize

To offer an asset as a surety that a debt will be repaid. The asset may be kept by the lender until the debt is repaid, or the borrower may maintain possession with the proviso that the lender may take possession of the borrower defaults. For example, one collateralizes a mortgage loan with the real estate one purchases with the loan. If the loan is not repaid, the lender has the right to seize the real estate in question. See also: Lien.

collateralize

To pledge an asset as security for a loan. A loan to a broker is collateralized by pledging securities.
References in periodicals archive ?
In recent testimony before the Aviation Subcommittee of the House Committee on Transportation and Infrastructure on Aviation Security, Andreas Kotowski, Rapiscan's Chief Technical Officer, recommended that the Secure 1000 be implemented as a key security measure because its technology can disclose all types of contraband concealed on the body, even under clothing and hair, including plastic weapons, ceramic weapons, and explosives; not only metallic items.
The Secure 1000 is an unparalleled solution for the detection of potential threats that are carried on a person's body," said Deepak Chopra, Chairman and CEO of OSI Systems.
We're thrilled to be a part of Oracle's Secure Search Initiative and incorporate the value of Seamark Navigator to their Oracle Secure Enterprise Search 10g customers," said Michael Schmitt, CEO of Siderean.
1X authentication standard, the Cisco Secure Services Client 4.
All of Secure Computing's products have been designed with the channel in mind, thereby providing resellers with solutions that are easy to sell and that deliver significant revenue and margin opportunities.
We applaud Secure Computing for demonstrating best practices and for the leadership role they have achieved within the IT distribution channel," says VARBusiness editor Lawrence M.
Secure Computing's SmartFilter URL filtering solution is also available on a variety of third-party platforms, including appliances, firewalls, caching devices, and proxy servers.
Secure Computing's PartnersFirst program is designed to help partners excel in delivering superior, manageable network security solutions to customers worldwide.
By joining the VSIP program, Secure Software's CodeAssure product suite will help Visual Studio 2005 and Visual Studio .
Joins Alliance as Security Services Partner; Implements Secure Software's CodeAssure Product Suite and CLASP Process into its Application Testing Services and Training Sessions