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Collateral vs Equity - What's the difference?

collateral | equity |

As an adjective collateral

is collateral.

As a noun equity is

value of some business.

collateral

English

Adjective

(-)
  • parallel, along the same vein, side by side.
  • Corresponding; accompanying, concomitant.
  • * Wordsworth
    • Yet the attempt may give / Collateral interest to this homely tale.
  • Being aside from the main subject; tangential, subordinate, ancillary.
    • Although not a direct cause, the border skirmish was certainly a collateral incitement for the war.
  • * Macaulay
    • That he [Atterbury] was altogether in the wrong on the main question, and on all the collateral questions springing out of it, is true.
  • (family ) of an indirect ancestral relationship, as opposed to lineal descendency.
    • ''Uncles, aunts, cousins, nephews and nieces are collateral relatives.
  • * 1885 , , The Book of the Thousand Nights and a Night , volume 5,
    • The pure blood all descends from five collateral lines called Al-Khamsah (the Cinque).
  • relating to a collateral in the sense of an obligation or security
  • expensive to the extent of being paid through a loan
  • Coming or directed along the side.
    • collateral pressure
  • * Shakespeare
    • collateral light
  • Acting in an indirect way.
  • * Shakespeare
    • If by direct or by collateral hand / They find us touched, we will our kingdom give / To you in satisfaction.

    Derived terms

    * collaterality * collaterally * collateral damage * collateral form * collateral material * collateral security

    Related terms

    * lateral

    Noun

    (wikipedia collateral) (en noun)
  • A security or guarantee (usually an asset) pledged for the repayment of a loan if one cannot procure enough funds to repay. (Originally supplied as "accompanying" security.)
  • A collateral (not linear) family member.
  • A branch of a bodily part or system of organs
    • ''Besides the arteries blood streams through numerous veins we call collaterals
  • (marketing) printed materials or content of electronic media used to enhance sales of products (short form of collateral material)
  • A thinner blood vessel providing an alternate route to blood flow in case the main vessel gets occluded.

    • Derived terms

    * marketing collateral

    Related terms

    * lateral

    See also

    * mortgage

    equity

    English

    (wikipedia equity)

    Alternative forms

    * (archaic)

    Noun

  • value of some business.
  • * {{quote-magazine, date=2013-06-22, volume=407, issue=8841, page=70, magazine=(The Economist)
    • , title= Engineers of a different kind , passage=Private-equity nabobs bristle at being dubbed mere financiers. Piling debt onto companies’ balance-sheets is only a small part of what leveraged buy-outs are about, they insist. Improving the workings of the businesses they take over is just as core to their calling, if not more so. Much of their pleading is public-relations bluster.}}
  • (legal) A legal that deals with remedies other than (l) relief, such as injunctions, divorces and similar actions.
  • * Macaulay
    • Equity had been gradually shaping itself into a refined science which no human faculties could master without long and intense application.
  • (legal) of property minus liens or other (l).
  • (legal) An equitable claim; an equity of redemption.
    • an equity''' to a settlement, or wife's '''equity , etc.
  • * Kent
    • I consider the wife's equity to be too well settled to be shaken.
  • (accounting) Ownership interest in a company as determined by subtracting liabilities from (l).
  • Justice, impartiality or fairness.
  • * Tillotson
    • Christianity secures both the private interests of men and the public peace, enforcing all justice and equity .

    References

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