Definitions by Saachaa

collateral 

Giving away something important to you in order to prove that you are serious, only to retrieve after you've kept your word.

Kayla: Wanna come to this party? I swear I wont ditch you this time!
Jarvis: No thanks, you do this everytime!
Kayla: Ill even leave my shirt and belt as collateral.
Jarvis: Duh, Okay!

collateral by Saachaa January 4, 2009