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
miniaturea copy on a much reduced scale
deignto condescend reluctantly and with a strong sense of the affront to one's superiority that is involved : stoop
burnishto make shiny or lustrous especially by rubbing
olfactoryof or relating to the sense of smell
convergeto tend or move toward one point or one another : come together : meet
labilereadily or continually undergoing chemical, physical, or biological change or breakdown : unstable
fruitionpleasurable use or possession : enjoyment
throttleto compress the throat of : choke
velocityquickness of motion : speed
facetany of the definable aspects that make up a subject (as of contemplation) or an object (as of consideration)