English–Korean

“collateral” in Korean

Korean

Pronunciation

Romanizationtambo

Example

담보가 없으면 대출이 나오지 않습니다.tam bo ga eop sseu myeon tae chu ri na o ji an sseum ni da

You can't get a loan without collateral.

Illustration for 담보 (collateral)

How to say “collateral” in Korean

“Collateral” in Korean is 담보 (tambo).

An asset or legal right that stands behind a borrower's promise to repay.

Full entry for 담보: usage tips, similar words and word origin

Example sentences with 담보

차를 담보로 맡기고 돈을 빌렸어요.cha reul tam bo ro mat kki go to neul pil lyeo sseo yo

I borrowed money using my car as collateral.

Tips for using 담보

  • English speakers can remember that this word names what supports the lender, not simply the money borrowed.

“collateral” in other languages