Collaterally Meaning: Definition, Examples, and Translations

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collaterally

[kษ™หˆlรฆtษ™rษ™li ]

Definition

Context #1 | Adverb

related context

Collaterally refers to something that occurs in a secondary or indirect manner. It is often used in legal or financial contexts, indicating a relationship that is not direct but still relevant.

Synonyms

indirectly, peripherally, secondarily.

Examples of usage

  • The collateral damage from the operation affected nearby residents.
  • She secured the loan collaterally through her property.
  • The investments were made collaterally to balance the risk.
  • They received support collaterally from other organizations.

Translations

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Interesting Facts

Finance

  • In finance, collateral refers to an asset pledged as security for a loan, which can be claimed if repayments are not made.
  • Collateral damage historically discussed in military terms now also addresses unintended impacts in economy and personal lives.
  • Financial institutions evaluate collateral to reduce risk before lending money.

Legal Context

  • In law, collateral can refer to evidence that supports a point indirectly rather than being the main argument.
  • Collaterally popularized in discussions about liability, especially regarding accidents and negligence.
  • Legal cases often explore the repercussions that arise collaterally from the original issue.

Psychology

  • In psychological studies, collaterally can refer to the secondary effects of trauma, not just the immediate consequences.
  • Emotional responses often occur collateral to stressful events, affecting relationships and mental health.
  • Research shows that collateral impacts can shape behavior in unexpected ways, such as learning outcomes.

Pop Culture

  • In films and TV shows, collateral actions often lead to humorous or dramatic situations where secondary plots emerge.
  • The term became more recognized through popular narratives discussing unintended consequences of main character actions.
  • Video games frequently show collateral effects as players navigate challenges, affecting both main and side objectives.

Origin of 'collaterally'

Main points about word origin

  • The term 'collateral' comes from the Latin 'collateralis,' meaning 'lying alongside.'
  • It originally described something that runs parallel to something else, extending to various fields over time.
  • The word has evolved in legal and financial contexts, now also referring to a pledge for loans.

The word 'collaterally' is derived from the term 'collateral,' which comes from the Latin word 'collateralis,' meaning 'lying at the side of' or 'associated.' The prefix 'co-' refers to 'together' or 'with,' and 'lateralis' refers to 'side,' indicating a concept that is side by side, accompanying, or supplementary to something primary. In its evolution, 'collateral' began to be used in various contexts, including finance, where it denotes an asset pledged against a loan, and in law, referring to secondary claims or responsibilities that accompany a primary obligation. The adverbial form 'collaterally' captures this notion of secondary or accompanying action, which emerged in the English language by the 19th century and has since found relevance in contemporary discussions around finance, law, and risk management.


Word Frequency Rank

Positioned at #24,795, this word is part of extensive vocabulary. It's relatively rare in general usage but may be important in specific fields or formal writing.