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 classic literature ?
In fact, the greater part of the education I secured in my boyhood was gathered through the night-school after my day's work was done.
After I had worked in the salt-furnace for some time, work was secured for me in a coal-mine which was operated mainly for the purpose of securing fuel for the salt-furnace.
Amid renewed growling and another futile attempt to free himself, Numa was finally forced to submit to the further indignity of having a rope secured about his neck; but this time it was no noose that might tighten and strangle him; but a bowline knot, which does not tighten or slip under strain.
According to the details, girls secured all the top positions being prominent in the results.
Likewise, of 51,137 examinees have secured 3.2-3.6 GPA (A) while 63,741 have got GPA 2.8-3.2 or B+.
According to unofficial results received from NA60, PTI's Rashid Shafique secured 44,483 votes to win the seat, while PMLN's Sajjad Khan who stood second begged 43,836 votes.
SARGODHA -- Girls have clinched first three positions in Pre-Medical group of intermediate examinations while boys secured top three positions in pre-Engineering group.
However, he was one of the top six candidates who secured maximum number of votes in the July 25 general election.
Securities and Exchange Commission, rated Microchip Technology, Inc.'s (Microchip) $2 billion senior secured notes offering 'BBB-/RR1'.
PESHAWAR -- Pakistan Tehreek-e-Insaf (PTI) has secured majority in the Khyber-Pakhtunkhwa (K-P) provincial and National Assembly seats in elections 2018.
The PML-Q's vote bank drastically shrank in 2013 when it secured only 1.4mn votes.
As per the results issued by concerned returning officer report, In PP-285 Dera Ghazi Khan-II, PTI candidate Khawaja Muhammad Daud Suleman won the seat and secured 27840 votes against his rival ex-MPA Sardar Meer Badshah Khan Qaisrani who was who independent candidate and secured 26176.