S-a discutat:
http://www.proz.com/forum/romanian/159749-tipuri_de_garanţii...Totuși, din definițiile legale, din dicționarele juridice și din textul tău, rezultă:
1. Collateral is a property or other asset that a borrower offers as a way for a lender to secure the loan. Property of numerous types may serve as collateral, such as houses, cars, and jewelry= BUNUL asupra căruia se constituie garanția reală
2. Security interest refers to the property rights of a lender or creditor whose right to collect a debt is secured by property. By creating a security interest, the secured party is also assured that if the debtor should go bankrupt he or she may be able to recover the value of the loan by taking possession of the specified collateral instead of receiving only a portion of the borrowers property after it is divided among all creditors.===GARANŢII REALE, mijloace juridice de garantare a obligaţiilor prin afectarea unui bun al debitorului în vederea asigurării obligaţiei asumate.
Eu traduc, deci, "has the legal authority to grant the security interests in the Collateral" prin "are capacitatea legală de a constitui o garanție reală asupra bunului"