2
  1. They put their house down as loan collateral.
  2. He put his house up as collateral for his business loan.

What's different between 'down' and 'up' in these sentences?

0

None. They both have the same meaning. The particles "up" and "down" can both signify the completion of an event or task, or the furtherance of an action.

1

Similarly you can run for congress or stand for parliament. Which to use will be determined by the local convention or audience.

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