1. Physical or material collateral pledged as security for a loan or debt, such as property, equipment, or other assets that have intrinsic value and can be seized or sold if the obligation is not met.
The bank required tangible security in the form of real estate before approving the mortgage.
O banco exigiu garantia tangível na forma de imóvel antes de aprovar a hipoteca.
2. In finance and law, any security backed by physical assets rather than intangible assets or the creditworthiness of the borrower alone.
Tangible security provides lenders with greater confidence in loan repayment.
A garantia tangível oferece aos credores maior confiança no reembolso do empréstimo.