What is another word for collateralize?
Pronunciation: [kəlˈatəɹə͡lˌa͡ɪz] (IPA) 
Collateralize is a common term used in finance and banking industry that means to secure a loan by using an asset as collateral. However, there are several synonyms that can be used interchangeably with this word, including pledge, guarantee, secure, back up, and underwrite. When collateralizing a loan, the lender will typically require borrowers to put up assets such as property, stocks, or bonds as collateral. In return, the borrower will receive a loan amount that is equal to or less than the value of the collateral. Collateralizing a loan provides lenders with a level of security and reduces risk, which can lead to lower interest rates for borrowers.
