1. A legal or financial arrangement where a debt, obligation, or contract is secured by physical assets or property that can be seized or liquidated if the obligation is not fulfilled
The loan was guaranteed by tangible property such as real estate and equipment.
O empréstimo foi garantido por bem tangível, como imóveis e equipamentos.
2. In finance and law, security provided through physical collateral rather than personal promise or intangible assets
The creditor required the debt to be guaranteed by tangible property to minimize risk.
O credor exigiu que a dívida fosse garantida por bem tangível para minimizar o risco.