Definition of collateral adjective from the Oxford Advanced Learner's Dictionary



BrE BrE//kəˈlætərəl//
; NAmE NAmE//kəˈlætərəl//
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(formal) connected with something else, but in addition to it and less important collateral benefits an independent contract collateral to the main contract The government denied that there had been any collateral damage (= injury to ordinary people or buildings) during the bombing raid. Word Originlate Middle English (as an adjective): from medieval Latin collateralis, from col- ‘together with’ + lateralis (from latus, later- ‘side’). Sense (1) of the noun (originally US) is from the phrase collateral security, denoting something pledged in addition to the main obligation of a contract.
See the Oxford Advanced American Dictionary entry: collateral

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