GRE Word List

COLLATERAL

property (such as securities) pledged by a borrower to protect the interests of the lender

The meaning of the word collateral is property (such as securities) pledged by a borrower to protect the interests of the lender.

Random words

WordMeaning
stem_fromarise from; originate from
bristlea short stiff coarse hair or filament
mirewet spongy earth (as of a bog or marsh)
substantialconsisting of or relating to substance
gourmandone who is excessively fond of eating and drinking
quivera case for carrying or holding arrows
quixoticfoolishly impractical especially in the pursuit of ideals
effectiveproducing a decided, decisive, or desired effect
improvidentnot provident : not foreseeing and providing for the future
groucha fit of bad temper