How do you spell Collateral?
Correct spelling
collateral
Two L's, one T: co-LATERAL (side by side) gets double L support
Why is collateral spelled this way?
From Latin collateralis, side by side. CON (with) + LATERALIS (of the side). Collateral stands alongside — security placed beside a debt, damage occurring beside the intended target.
Common misspellings of collateral
collatteralcolateralcollaterial
Example
The bank required her house as collateral for the business loan.