As a noun, collateral means something provided to a lender as a guarantee of repayment. So if you take out a loan or mortgage to buy a car or house, the loan agreement usually states that the car or house is collateral that goes to the lender if the sum isn’t paid.
Day: July 25, 2026
Gordon makes the $9 survival knives that Harbor Freight Sells. I don’t make them. However, this was the question: In the order of importance what would you put in a hollow handled survival knife? So, I will rephrase it. If you owned a hollow handled survival knife in the order of importance, what would you put in it?
