Security for the repayment of a loan.
1847. I must have a thousand dollars. Here, take the collaterals and give me the money.—Charles F. Briggs, ‘Tom Pepper,’ p. 143.
1858. The fact was whispered about that large rail-road acceptances had gone to protest, collaterals of stocks and bonds had depreciated, and currency had run short.—Knick. Mag., li. 24 (Jan.).
1887. Russia wants to borrow. Let the Czar send along his collaterals.—Fall River Advance, April 23. (N.E.D.)
