collateral security
Defined in 8 dictionaries — Case Law, Cyclopedic (1922), Ballentine's (1916), Bouvier (1914), Black's (1910), Black's (1891), Burrill (1850), Bouvier (1839)
Definitions from Case Law
From 73 U.S. 748 - Railroad Companies v. Chamberlain · 1867Most cited · 48 citing opinions
The lease was in the nature of a mortgage, and held only as collateral security, and followed the judgment
The Cyclopedic Law Dictionary
Walter A. Shumaker and George Foster Longsdorf; ed. James C. Cahill · 1922
A separate obligation attached to another contract to guaranty its performance. The transfer of property or of other contracts to insure the performance of a principal engagement. 38 Ga. 292; 9 Iowa 331. The property or securities thus conveyed are also called collateral securities. 1 Powell, Mortg. 393; 2 Powell, Mortg. 666, note 871; 3 Powell, Mortg. 944, 1001.
Ballentine's Law Dictionary
James A. Ballentine · 1916
Bouvier's Law Dictionary and Concise Encyclopedia
John Bouvier; revised by Francis Rawle · 1914
A separate obligation attached to another contract to guaranty its performance. The transfer of property or of other contracts. to insure the performance of a principal engagement. See Lochrane v. Solomon, 38 Ga. 292; Mervin v. Sherman, 9 la. 331. The property or securities thus conveyed are also called collateral securities; 1 Pow. Mortg. 393; 2 id. 666, n. 871; 3 id. 944, 1001; Munn v. Mc Donald, 10 Watts (Pa.) 270. See Pledge; Chattel Mortgage. er liability, and including a promise to pay, made by a third person, having immediate respect to and founded upon such debt or liability, without any new consideration moving to him. Elder v. Warfield, 7 Har. & J. (Md.) 391.
Black's Law Dictionary
Henry Campbell Black, M.A. · 1910
See Collateral.
Defined under Security in Black's Law Dictionary.
A Dictionary of Law
Henry Campbell Black · 1891
A security given in addition to the direet security, and subordinate to it, intended to guaranty its validity or convertibility or ingure its per- J formance; so that, if the direct security fails, the creditor may fall back upon the collateral security. Collateral security, in bank phraseology, means some security additional to the person. K al obligation of the borrower. 2 Abb. (U. 8.) 423.
A New Law Dictionary and Glossary
Alexander M. Burrill · 1850
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.
A Law Dictionary, Adapted to the Constitution and Laws of the United States
John Bouvier · 1839
contracts, is a separate obligation which is attached to another contract, and is to guaranty its performance. By this term is also meant the transfer of property or, of other contracts to insure the performance of a principal engagement. property or securities thus conveyed are also called collateral securities. 1 Pow. Mortg. 393; 2 Ib. 666, n. 871; 3 Ib. 944, 1001.