Collateral Security
A New Law Dictionary and Glossary · Alexander M. Burrill · 1850
A New Law Dictionary and Glossary
A security in addition to or besides another, or principal security; to be resorted to in case of failure of the principal security. A bond in this sense is collateral security to the mortgage which it accompanies, although the mortgage, in its form, purports rather to be collateral to the bond.* Termes de la ley.