Collateral
ABA
Updated 10-31-2026
Collateral
an item of economic value, such as real estate, pledged by a borrower to secure a loan or other credit, and subject to seizure in the event of default.
American Bar Association Glossary of Real Estate Terms
ABA · p. 2
FreddieMac
Updated 10-31-2026
Collateral
Property which is used as security for a debt. In the case of a mortgage, the collateral would be the house and property.
FreddieMac Glossary
FreddieMac · p. 4
FTC
Updated 10-31-2026
Collateral
An asset that is pledged as security for a loan. The borrower risks losing the asset if the loan is not repaid according to the terms of the loan agree-ment. In the case of a mortgage, the collateral would be the house and real property.
FTC Real Estate Terms
FTC · p. 4
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