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
fabricateinvent
leewayan allowable margin of freedom or variation : tolerance
accordto grant or give especially as appropriate, due, or earned
aliasotherwise called : otherwise known as
scurriloususing or given to coarse language
terrestrialof or relating to the earth or its inhabitants
mealymouthednot plain and straightforward : devious
treasurewealth (such as money, jewels, or precious metals) stored up or hoarded
reprisala retaliatory act
shangri-laa remote beautiful imaginary place where life approaches perfection : utopia