The crossword solution for the term 'Situated Side by Side' is 'COLLATERAL'. COLLATERAL is a term used in finance and law to refer to an asset that is pledged as security for a loan or other obligation. It is usually a tangible asset such as property, but can also be an intangible asset such as stocks or bonds. COLLATERAL is used to ensure that the lender will be repaid if the borrower defaults on the loan. The COLLATERAL is held by the lender until the loan is paid off.