backed by collateral
[/bækt baɪ kəˈlætərəl/]
adjective phrase
garantido por garantia/colateral
1. Secured by assets or property pledged as security for a loan or obligation
The mortgage is backed by collateral in the form of the house itself.
A hipoteca é garantida por colateral na forma da própria casa.
2. Having financial backing or security through tangible assets
This backed by collateral loan has lower interest rates because it is secured.
Este empréstimo garantido por colateral tem taxas de juros mais baixas porque é seguro.
Look up more words on Fala2Me
The free English-Portuguese dictionary with real Brazilian accents, NYC slang, conjugator and more
Open Fala2Me →